general

What are the 3 types of pay and how are they paid?

Three methods employers use to compensate employees include salary, hourly wage and commission. The method you select depends largely on the nature of eac...

Published: Jun 02, 2026

news

Who made the first motorhome?

Many believe that early RVs were inspired by the traveling nomadic Roma Caravans that existed in Europe during the 1800s. The first production RV — Pierce...

Published: Jun 02, 2026

updates

Do umpires pay taxes?

When sports officials are treated as independent contractors, they are responsible for payment of their own income taxes as well as Social Security and Me...

Published: Jun 02, 2026

general

What is a lump sum option?

Increasingly, employers are making available to their employees a one-time payment for all or a portion of their pension. This is known as a lump-sum payo...

Published: Jun 02, 2026

updates

Do Americans work more than Germans?

Employed Americans work roughly 10-15% more hours than Germans. Since American employment-population rates exceed those of Germans, adult Americans averag...

Published: Jun 02, 2026

news

Is there a cut off for disability?

While your Social Security Disability benefits should never be cut off for no reason, there are several things that may cause your benefits to end. This c...

Published: Jun 02, 2026

news

When did LLCS start?

1977 Because the LLC is a fairly new option in the United States (it first became available in Wyoming in 1977, but most other states did not follow suit ...

Published: Jun 02, 2026

updates

Can you get CSRS pension and Social Security?

Thus, over time, most CSRS annuitants also become entitled to both Social Security cash benefits and to Hospital Insurance based on their own or their spo...

Published: Jun 02, 2026

general

How do I record expired prepaid insurance?

Journal Entries As the insurance expires over time, companies debit the expense account of expired insurance and credit prepaid insurance to reduce the ba...

Published: Jun 02, 2026

news

Does the US have a tax treaty with Saudi Arabia?

The US does not have a treaty for taxes with Saudi Arabia. Since the level of Saudi taxes is so low, most expats will not see any issue with the lack of a...

Published: Jun 02, 2026