Retirement plan administrators have a fiduciary responsibility to manage and oversee employer-sponsored retirement plans. This includes 401(k) plans, which are a type of defined contribution plan. Whereas it might come across as a simple and straightforward process, there’s actually a lot that goes on behind the scenes to keep 401(k) plans running smoothly. An administrator …
How to Accrue Expenses Accrued expenses or liabilities are expenses that have been incurred by a company over time, but have yet to be paid. They are charges that a business must pay later for goods and services that have been rendered. Proper tracking of accrued liabilities is imperative to ensure a business’s balance sheet …
A primary component of an organization’s technical functionality is a server. It plays a vital role in that they hold critical informatics and sensitive data, both of which companies compare to precious metals, and the cybercriminals gain the designation as “miners,” so to speak. Find out what a computer server is at https://helpdeskgeek.com/featured-posts/hdg-explains-what-is-a-computer-server/. When businesses …
Reverse Mortgages are becoming increasingly popular every day. They have been around for years. However, the last few years have seen an upswing in their popularity due to so many housing issues around the world today. If you are 60 or older and have a steady income, it may make sense to take a reverse …
With the current economy, small businesses have difficulty acquiring loans due to the closure of the business due to unpaid bills and pressure from employees demanding their payments. To avoid such an outcome, you need to take a step ahead and make your business more credit worth and more convincing to your lenders. Below are …
The time has come. The daunting task of preparing for the Uniform CPA examination is upon you, and with it comes a well of information, advice, and techniques for how to adequately prepare. While sifting through your CPA exam study materials and thinking ahead to the day of the test can be overwhelming, try to …
The term “Contract Bond,” also known as a “Construction Bond,” refers to a group of surety bonds designed to ensure the completion of a particular contract. In the construction industry, there are several types of Contract Bonds, including Bid Bonds, Bonds for Performance, Bonds for Payment, Contract Bonds for Subdivisions, and Contract Bonds for Maintenance. …
Did you know that if your real estate investment property remains unoccupied for as little as four days, your property insurance policy may no longer cover it? Or that the coverage you pay for through your condo fees purchased by your condo association can still leave you exposed to liability? As a homeowner, you understand …
When running a small business, there’s nothing more critical than the bottom line. You may be a genius at customer relations, sales, buying and selling or creating a product that’s always in high demand. Still, if you can’t maintain a balanced budget, you’ll eventually run your ship aground. Here are a few tips to keep …
As an IT graduate, software professional, or programmer, you must already be familiar with the C language. It is a general-purpose programming language that helps you figure out how the computer works and the programs that run and execute on machines. As C forms the base of other languages, it helps you understand the concepts …