Cash-on-cash yield is a simple way to calculate the return on investment for an investment without a secondary market. It divides the annual dollar income by the total dollar investment to determine the percentage return. This method may not work for investments with a third party involved. A high percentage return may indicate a good […]
Repatriable assets are assets located in a foreign country that can be moved to a domestic location, subject to restrictions and conditions such as taxes and permissions. Cash and securities are usually repatriable, while real estate may or may not be. Financial obligations must be settled before the transfer, and laws vary by country. Understanding […]
Employees may receive reimbursement for using their personal vehicle for business purposes through mileage reimbursement, which is often based on government guidelines. Employers may use standard mileage rates or set their own rates. Reimbursement is usually calculated by multiplying the number of company miles driven by the reimbursement rate. Home-to-work travel is typically not reimbursable. […]
Tax refund loans, also known as instant tax refunds, are criticized for deceptive marketing and high interest rates. They are not real refunds from the IRS, but a company writes a check for the refund amount minus fees. While the US government seeks restrictions, tax refund loans are legal. It’s important to know what services […]
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