Chelsea

Accumulating tax debts can get the best of every struggling taxpayer. Thankfully, the IRS Fresh Start Program was created and made more accessible for people to pay back or settle their tax debts easily. With this guide, we will help you decide if this program is right for your tax...

In an organization, financial planning and analysis or FP&A plays a crucial role by performing budgeting, forecasting, analytical processes. Accordingly, it supports its financial health, business strategy, and major corporate decisions of the CEO, CFO, and the Board of Directors. FP&A helps align business processes and strategies with financial goals...

If you are thinking of buying property, tax abatement is a beneficial program you might want to avail of and take advantage of. This will ease the financial burden that comes with purchasing real estate and will ensure you will get your money's worth. What Is Tax Abatement? Tax Abatement is...

Profit margin is one of the simplest and most common profitability ratios in corporate finance. It gauges the degree to which a business activity or a company makes money. The profit margin ratio compares profit to sales by telling how well the company handles its finances overall. The ratio is...

The debt to equity (D/E) ratio is also called the “debt-equity ratio,” “risk ratio,” or “gearing ratio”. It is an essential metric in corporate finance. And in evaluating a company's financial leverage. This ratio calculates the weight of total debt and financial liabilities against the total shareholders’ equity. The D/E...

Investing in the best penny stocks requires plenty of research. If done right, the gains from a solid penny stock pick can sometimes exceed other shares. But other times, it will take a while to double your money. Just as receiving gains can be thrilling, there are plenty of ways...

In business accounting, there are many calculations and formulas that can provide valuable insight into one's business financials and operations. One of those is the receivables turnover ratio. This is extremely helpful in understanding your cash flow and overall business financial planning. Definition Of Receivables Turnover Ratio Accounts receivable turnover is...

The income statement is one of the essential financial statements that a company needs. This, along with the balance sheet and the cash flow statement, is a useful report. It shows the company's financial performance over a particular accounting period. Defining Income Statement The Income Statement is also known as profit...

Racketeering is an organized criminal operation that constitutes extortion or coercion. The term originated from the word "racket" which refers to a crime cheating individuals out of their money. A racketeer is someone who attempts to steal money or property from another person usually through force or intimidation. They offer...

What Is An IPO? If you are new to the world of investing, you might have heard about and wondered "what is an IPO?" For starters, IPO stands for Initial Public Offering. How Do IPOs Work? Companies, especially small and private ones, often start with investments of one's own money. Most of...