A person can increase capital gains by selling particular assets at an amount greater than the purchase price, notes the Internal Revenue Service. These assets must be held for at least one year prior to being sold on the open market.
A:An informal meeting is any meeting that isn't highly structured and doesn't have a specific length, scope or other rigid component such as minutes. Informal meetings are often impromptu and focus on small problems.
A:Employees may or may not be entitled to a break at work depending on where they live. Break periods and mealtimes are not mandated by federal law in the United States, as of 2014. Some states have implemented laws requiring that workers be given certain break periods.
A:Operating profit only covers the gross profit, minus direct operating expenses for the company while net profit includes all gains and losses by the company, including tax payments. Operating profits do not cover taxes paid, company assets sold or expenses not related to the company's operating costs. Net profit is the amount of money that the company has added or lost from its overall assets.
A:Employers resist unions for a number of reasons, but the biggest reason is that unions force employers to have less control. With a union, workers can organize, gain power, and limit the flexibility of the employer and the rules the employer imposes. Individually, workers can't do much to change the policies of the employer or fight employer abuse, but as unions they can. Employers resist this challenge to their authority.
A:Physical resources are the material assets that a business owns, including buildings, materials, manufacturing equipment and office furniture. Physical resources can be sold if a business is facing a cash flow issue.
A:Scientists are people who use research and experiments to learn more about the natural world. Scientists use scientific methods to derive knowledge systematically, performing repeatable experiments to ensure that their conclusions are valid and accurate. Scientists must not only be highly educated with regard to math and science, but they also must possess impeccable research skills. Additionally, scientists must be effective communicators and creative problem solvers.
A:Bankrate recommends that self-employed workers use tax returns and other verifiable documentation to show proof of income. Many freelance contractors and small business owners don't receive traditional pay stubs. In high-risk lending scenarios, such as mortgage financing, federal tax returns can offer an accurate breakdown of yearly income and help creditors determine an applicant's financial capacity to cover loan payments, according to The New York Times.
A:Promotion is important to help motivate employees and provide them with an incentive to keep working hard. Many employees are lured away from a company to a competitor by better opportunities, so firms need to offer promotional resources that enhance retention. Providing employees a future with a corporation is facilitated through promotion.
A:One of the primary benefits of becoming a doctor is high pay. While pay varies by the type of doctor, the U.S. Department of Labor reports that as of May 2013, the average annual pay is $183,940 for family and general practitioners. A primary drawback is the pressure to perform. MomMD notes that doctors spend heavily on malpractice insurance to protect against lawsuit risks from dissatisfied patients or family members.
A:Endocrinologists have special training in the treatment of diabetes, although their expertise is not limited to diabetes, but to the entire endocrine system. An endocrinologist specializes in hormone secretion and regulation, tissue function and hormone-controlled metabolic events such as sleep and stress.
A:According to the Houston Chronicle, there is no minimum age requirement to join a limited partnership or start a sole proprietorship. However, most states require corporation owners and members of limited liability companies to be of legal age.
A:Consulting consumer-oriented newsletters or magazines such as Consumer Reports is one way to find out about negative product complaints. Another way is reading online product reviews. Consumer Reports is a respected publication that publishes performance feedback about popular consumer products such as automobiles and blenders. Consumers can also find many product reviews written by other consumers at various online sites that allow commentary.
A:A multinational corporation is a company that has an established presence in a country beside its home country. They generally have a headquarters in their home country that centralizes the management of their global facilities.
A:Sam Walton, founder of the American retail stores WalMart and Sam's Club, was estimated to have had a net worth of $62.1 billion in 2008 U.S. dollars at the time of his death in 1992. He was named the world's richest man by Forbes in 1985.
A:Pepsi is a product of PepsiCo, which has a Chief Executive Officer, a chairman and a president. As of 2014, the CEO and Chairman of Pepsico is Indra K. Nooyi. The president of PepsiCo is Zein Abdalla.
A:Recovering money owed can involve making a reminder phone call to the debtor or obtaining a court judgment against the debtor; this judgment grants permission to place a lien against property or garnish wages. Other ways to recover money include engaging the services of a collection agency, using a mediator, offering a settlement agreement and sending a registered letter to remind the debtor of the money owed, according to ProfitGuide.com.
A:Different types of payment terms include cash in advance, deferred payment and cash on delivery, according to BusinessDictionary.com. These are conditions that allow the buyer to make payments on a specified date.
A:Most of the tools available that aid in estimating, obtaining and managing a home loan are online calculators. These calculators rely on accurate user input of certain variables related to the mortgage, household income and home to be purchased. The tools calculate values that are useful or necessary to know for dealing with home loans. Information is critical for mortgage shoppers, the Federal Trade Commission states.
A:According to the Federal Trade Commission, a person facing foreclosure can give his house back to the bank with a deed in lieu of foreclosure. In exchange for signing over the deed to the home, the bank forgives the debt owed on the home.
A:Submitting to voluntary repossession can reduce the amount of money that is ultimately charged to you and might therefore make restoring your credit a little easier. A voluntary repossession is much like an involuntary repossession in that the unpaid balance of the debt is still charged to you along with any costs associated with repossessing the property but, according to the Federal Trade Commission, it might be cheaper.
A:According to Experian Automotive, the average monthly car payment for a new car in late 2013 was $471. For consumers purchasing a used vehicle, the average monthly car payment for the same period was $352.