By: Jordan Wathen, The Motley Fool Most people are in for a surprise when they receive a 1099-C, never realizing that canceled debt is often treated just like any other dollar of ordinary income. Creditors record canceled debts on a form 1099-C, which is then sent...
By: Paul Davidson, USA Today Payroll growth slowed in August as employers added 173,000 jobs in a key report that could help the Federal Reserve decide whether to raise interest rates later this month. The unemployment rate, which is calculated from a separate survey of households, fell from...
By Will Smale, BBC News As one calendar year draws to a close, and another is set to be begin, many business leaders are thinking about their challenges for the next 12 months. They are weighing up any number of potential choices and factors; from expansion plans,...
By Karen E. Klein, Business Week Question: We recently expanded to open our third retail location this year. Should we have a separate bank account for each location? Or is it OK to have one account to run through all our operating expenses, payroll, etc.? Answer: It’s easier, and...