Which subjects to study to become a bank manager?
if I was you guys I would study maths further-maths economics and if you want to be come a investment banker like me you should know economics
GOOOD LUCK
How do you increase your tax exemptions?
Exemptions are related to the number of people who live in your home, therefore, you merely need to have more children. I do however warn that it is far more costly to have more children than just to save a little income taxes.
What is rural banking and hightlight the role of rural banking?
Rural banks are nothing but the extension counters of actual banks located in cities.
Not many banks are willing to expand to rural areas because of lower volumes/profit margins. Because of insistence from the Government of India many government and public sector banks are moving over into the villages to provide banking and financial services to the rural population of India.
Small and medium enterprises in the Philippines?
small enterprise is compose of 10-99 employees
medium enterprise is compose of 100-199 employees
Why does the bank pay you interest?
To encourage you to deposit money which they can invest and make more off of.
How can you get a loan for the business abroad the US?
In order to get a loan for a US business when domiciled outside of the US, one has to either provide collateral or demonstrate that the business is providing enough cash flow to cover the debt in some period of time.
Please be careful when evaluating loans - if someone offers one a cheap loan compared to othe lenders, there is a high likelihood that the provider is committing fraud. Also, do not EVER send money to someone in order to be "considered" for a business loan - the lender (if "lender" is the appropriate word) is most certainly running a scam.
What is scorpion clause in Letter of Credit?
Scorpion Clause in L/C a clause which renders it impossible for the beneficiary, or seller, to fulfill the conditions of the letter separately and independently of the purchaser.
Service Corps for Retired Executives
Characteristic letter of credit?
the characteristics of letters can be written by a company or individual informing its recipient of some items which are to be collected. The collection information such as items, date, time and place are stated for the recipient's convenience. A time frame is usually imposed for the collection to be done to avoid disposal or forfeiture of the items to be collected.
Letters of credit is a binding document that a buyer can request from his bank in order to guarantee that the payment of goods will be transferred to the seller. Basically, a letter of credit gives the seller reassurance that he will receive the payment for the goods.
In order for the payment to occur, the seller has to present the bank with the necessary shipping documents confirming the shipment of goods within a given time frame. It is often used in international trade to eliminate risks such as unfamiliarity with the foreign country, customs, or political instability.
Preachers are NOT exempt from paying taxes. We pay taxes just like everyone else. Because of the unique nature of the ministry, the IRS allows us a dual status, so that we file taxes like a business. It can have certain tax advantages, but it is also a double edged sword in regard to tax rate. We are also allowed to opt out of Social Security under certain restrictions of conscience, but of course that prohibits us from receiving SS and Medicare benefits when we retire.
Can you get a loan for a liquor license?
You can get a loan for your business then if the allowed in the terms of the loan use some of the loan to purchase your liquor license.
What is plus mod balance in bank loan?
plus mod balance in bank loan is the money who pay on the bank that you loan with interest rate and original cost.
Reasons for starting your own business?
The main reason to start a business is freedom, financial and temporal freedom, period.
1. Freedom to do what you like most.
2. Freedom to work whenever you like.
3. Freedom to work from wherever you are.
That's for people who are employed and want to leave their jobs.
For the ones having not enough money for their living and not being able to find adequate jobs it might be a sheer necessity.
How can you determine a banks earnings credit rate business?
Have the bank fax over an Account Analysis Statement.
It should show all of the up to 87 different fees that they charge including those for "free checking" (LOL) accounts.
It should also show the "Earnings Credit Rate".
Its probably a good idea to the "Earnings Credit Rate" specifically when you request the Account Analysis Statement.
These fees are important because they account for a large percentage of bank revenue.
Characteristics of a divisible letter of credit?
the characteristics of letters can be written by a company or individual informing its recipient of some items which are to be collected. The collection information such as items, date, time and place are stated for the recipient's convenience. A time frame is usually imposed for the collection to be done to avoid disposal or forfeiture of the items to be collected..a
.
How do you get a tax exempt number?
For federal income tax purposes. Go to the IRS gov website and use the search box for User Fee Program for Tax Exempt and Government Entities Division
Go to the Related Link below enclosed website address
Revenue Procedure 2010-8, 2010-1 I.R.B. 234 (updated annually) provides guidance for complying with the user fee program of the Internal Revenue Service as it pertains to requests for letter rulings, determination letters, etc. on matters under the jurisdiction of the Commissioner, Tax Exempt and Government Entities Division; and requests for administrative scrutiny determinations under Revenue Procedure 93-41, 1993-2 C.B. 536.
In general, user fees apply to all requests for letter rulings, opinion letters, determination letters and advisory letters submitted by or on behalf of taxpayers or other entities. The fee may be refunded only in limited circumstances.
Requests to which a user fee applies must be accompanied by the appropriate fee as set forth in section 6 of Revenue Procedure 2010-8.
Exemption application (Form 1023, 1024, or 1028)
Organizations with annual gross receipts < $10,000 during preceding 4 years
What tax ID number is reported to the IRS when you are the sole proprietor?
If you do NOT have any employee or a qualified retirement plan you do not need an EIN number on line D and if you did not apply for one using the FORM SS-4 you would leave line D blank.
Go the IRS gov website and use the search box for SCHEDULE C choose instruction go to Chapter 2 Specific Instructions