What happens if a put credit spread expires in the money?
Spread is completely in-the-money (ITM) Spreads that expire in-the-money (ITM) will automatically exercise. For short credit spreads, this will result in ...
Category: Updates
Are commissions a selling expense?
Most sales commissions are a selling expense, and so should be reported on the income statement as part of operating expenses. If earned by a company, sal...
How was marriage different back then?
Starting in the early 1900’s marriage was totally different than it was today. Marriage was viewed as a bond between a man and a woman, but the woman and ...
How do you say thank you at the end of a job?
Follow these basic steps to write a thank-you letter to your manager after you have resigned: Use proper structure and formatting. Include the date and co...
Can I change my payroll company?
Some organizations choose to switch at the beginning of a year or quarter because it makes their financial records easier to follow. But the bottom line i...
When you own a business how do you pay employees?
Generally, you can pay employees weekly, biweekly, semimonthly, or monthly. How will you pay employees? Many employers pay employees using direct deposit,...
Do short-term stock losses offset short-term gains?
Yes, but there are limits. Losses on your investments are first used to offset capital gains of the same type. So, short-term losses are first deducted ag...
Does health insurance include life?
Health insurance is a short-term plan. Life insurance, depending upon the insurance you choose offers both Survival and Death benefits at the end of the i...
Are corporate taxes extended this year?
Companies have until April 15, 2021 to submit corporate tax returns for income received in 2020. Businesses may use Form 1120 or request a six-month exten...
How do you prorate income?
Calculate your prorated salary Divide the annual salary by the number of hours you work each week. For example, if you make $50,000 per year and work 40 h...
