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Tip of the Day

Tip of the Day Bank Fees Are For Suckers

Bank Fees Are For Suckers - Today, although they are harder to find, there are banks out there that will provide you your banking services with no checking fees or...

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Independent Contractor

Independent Contractor – An independent contractor is an individual or company that, under a specific arrangement, will supply products or services to another individual or business.  An independent contractor is not bound to a company or person like a regular employee.  They are usually considered freelance and will maintain control over the number of hours they put in, what services they provide and how often they will work for a company.  Independent contractors can work for many different individuals or businesses and the relationship between contractors and employers is generally terminated once the job is complete.

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Definition of the Day Minority Ownership

Minority Ownership - Minority Ownership is less than fifty percent ownership of a corporation voting stock, or not enough ownership to control the company operations. From a purely accounting point of view, parent company which owns less than one hundred percent, but more than fifty percent of a subsidiary presents...

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