Author: Suhaib Anees

Taxes come with their own set of terminology, which can be confusing even for experienced tax filers. The TIN is certainly a common tax term that may inspire some confusion. Here is a bit more about the TIN and how you can get your very own. What is a TIN? The TIN stands for Taxpayer Identification Number, and will essentially identify an individual or an entity in the eyes of the IRS. For most individuals, this is a Social Security Number, which is assigned by the Social Security Administration, or, in some cases the Internal Revenue Service. For corporations, this…

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Green is the new black. It’s in vogue and everyone is dying to get involved in the latest project, with increasingly inventive ventures taking place in businesses, industries and technology to reduce our carbon footprint. You can hardly escape it, but while it’s easy to get overwhelmed by the changes it’s also simple to get involved and actively make a positive impact. Electric plug-in cars have taken the market by storm across Europe as the demand for energy efficiency continues to have a positive impact on modern society. At one stage the Toyota Prius was the only patron of cleaner…

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Managing business capital efficiently ensures that your enterprise has a positive cash flow. This will allow it to meet its short-term obligations in terms of paying operational expenses and debts. When there is a good balance between accounts receivable and accounts payable, and your current assets exceed your current liabilities, you can be sure the business is in good financial health. Here are a few ways to monitor and control how your business is working. Cash flow Cash flow is concerned with how funds and other liquid assets are moving into and out of your business. When you have a…