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Use this resignation letter example to advise your employer that you are resigning because of a scheduling conflict with another position. What to Include in Your Resignation Letter When you’re writing to resign from a job, you don’t need to include a lot of details about why you’re moving on. However, if it’s for circumstances beyond your control, and you want to maintain a positive relationship with your employer, it’s appropriate to explain why you need to move on....

What Are SBA Guaranteed Loans? Valuable assets such as real estate are generally used as collateral for a loan; if you default on the loan, the bank takes the collateral instead. If you don’t have collateral, most banks may turn you down for a loan. However, even if you do have collateral, you might not be eager to risk your home for a business loan. This is when the SBA can be helpful, as it may guarantee bank loans for small business owners who have inadequate collateral—the agency, however, may require a personal guarantee instead....

The good thing is that these deductions can save you money on your business tax return. Even better, you may be able to take bigger deductions in the year when you first buy and begin using this property by taking a Section 179 seduction. Learn more to see if your business can take advantage. What Are Section 179 Deductions? Section 179 deductions allow taxpayers to deduct the cost of specific properties as expenses when those properties are used as a service....

When it comes to the federal budget, sequestration is the act of cutting spending by withdrawing funding for certain government programs. The Congressional Budget Office provides the estimates, and the Office of Management and Budget renders the ultimate decision on whether and how much to sequester. How Budget Sequestration Works Congress initiated the process of sequestration with the 2011 Budget Control Act. When Republicans and Democrats couldn’t agree on the best way to lower the deficit, they used the threat of sequester to force themselves to reach an agreement....

A job alert is a useful tool that many job search engines, job boards, large company career websites, and LinkedIn have. The job agent is a system that notifies you when there are new job openings on the website that fit what you are looking for. What Is a Job Alert? A job alert is a system that notifies you when there are new job openings related to your interests....

Store credit cards are offered with nearly every purchase you make at a store—primarily with department stores—but now you can get them from home improvement stores and chain stores such as Target. The main selling point of a store credit card is that it offers you an additional percentage off of your purchase price every time you use the store’s credit card. How Do Store Credit Cards Work? Store credit cards work similarly to traditional credit cards....

Suppose your work hours were cut, or you were to lose your job because of an economic recession. You’d need some money to help pay your bills and debt, like your rent or your credit card balance. Why not take an early withdrawal from your retirement account to help pay those bills? That might be an option, but you’re going to have to compare it against other options. If the cost of penalty taxes is less than the cost of your alternatives, then it might make sense to take an early withdrawal....

Bloom Productions/Getty Images Is State Farm Insurance Right for You? State Farm Insurance may be right for you if you’re hoping to bundle all your insurance needs with one insurer. From start-up business insurance and medical coverage to renters insurance and term life insurance plans, and even coverage for your car, you can get it all through State Farm. State Farm also offers investment and banking services, with many online and app-based tools....

If you’ve been forced to stop working due to a layoff, business closure, or something else, you’ll need to make sure your finances are in order before officially retiring early. Here’s what you need to do. Evaluate Your Assets First, take inventory of everything you own, like your home, vehicles, and any expensive collections, like art or jewelry. Also take a look at your investment accounts, such as your employer-sponsored 401(k), personal IRA, and other investment accounts....

Indeed, equities have been doing so well that some analysts think they’re in a bubble ripe for popping. If you put your money in the stocks of the S&P 500 benchmark index at the end of 2019, for example, you would have seen an impressive cumulative real return of more than 30% by mid- 2021, according to an analysis last week by researchers at the Federal Reserve Bank of St....

Employers can receive a tremendous number of resumes for every position they advertise. It may seem like an almost impossible task for a company to weed through them to find the best applicants to interview, or for you to be one of the selected candidates. You can help make their job easier, and move your job application to the top of the pile, by writing a targeted cover letter and closely matching your credentials to the job....

While the expense of purchasing an alternative-fuel vehicle can be high, the positive impact on the environment and the potential tax credit you can receive might make it worth it. Here’s what to know before you buy. The Clean Vehicle Tax Credit This tax credit can be as much as $7,500. Before 2023, the amount depended on the type of battery and its capacity. Beginning in 2023, the amount of the credit will depend on the source of the critical minerals in the battery and where it was made....

Many also feature wireless printing capabilities via Wi-Fi, Bluetooth, or cloud printing services; this lets you print from your computer or mobile devices with or without an internet connection, meaning you’ll be able to get your reports done no matter where you are. Some of the higher-end all-in-one models allow you to scan documents directly into email programs or network locations for faster distribution or saving, and you can even create searchable PDF documents for better organization....

The rise in consumer spending comes after shoppers cut back in September, when retail sales were flat from the month before. So this acceleration could indicate a jump start to holiday shopping, as more retailers offer holiday sales sooner this year and consumers try to beat inflation by buying earlier. Shoppers spent more at gas stations and grocery stores, but the retail sales report isn’t adjusted for inflation. That means it doesn’t take into account the impact that the price changes of goods have on retail sales figures Retail sales represent an important economic indicator because the bulk of the U....

In return for investing in a company, venture capitalists want a seat at the table and a return on their investment. If you are invited to make a pitch to a venture capitalist for financing, they will negotiate a deal with you. That deal will usually include a seat on your board of directors and a percentage of the return you earn, possibly laddered up or down through the coming years along with other stipulations....

Global allocation funds, also known as “go anywhere funds,” can make rapid switches between ​asset classes and geographic regions. Unlike standard balanced funds, these mutual funds can invest in commodities, futures contracts, and swap agreements, as well as your standard stocks and bonds. The goal behind these traits is to help these funds pursue greater opportunity and avoid painful downturns. Pros and Cons of Global Allocation Funds Global allocation funds have a number of pros and cons that you should weigh carefully before you invest in them....

Whether an LLLP is the right choice for you is a decision that you and your legal and tax advisors will have to make. Read on to see what you should know about LLLPs. Understanding the Basics of LLLPs The first step toward understanding LLLPs is knowing how limited partnerships (LPs) work. There are one or more general partners and one or more limited partners in a limited partnership. The general partners often manage the business....

In the search for solutions, you might come across the term debt settlement. This is a process of negotiating debt terms with creditors. You can do this yourself, but it’s often offered as a service by debt settlement companies as an alternative to bankruptcy or as a way to resolve a growing debt. Persuasive advertisements might promise you an easy way out of debt or a way to simplify your payments....

Sometimes, it is a double-edged sword. The attractive things about a corporation may also present a downside, depending on what your business is or how you would like to run it. See the reasons in this article to determine if the downsides are worth the rewards of forming a corporation. Distinct Legal Entity If your business is your idea and passion in life, it is important to understand that you will not be the personal owner....

For almost two years, Democrats including President-elect Joe Biden have supported pro-union employee classification laws across the country. Republicans, business owners, and many independent contractors (ICs) have fought against them in a complex, heated legal battle. Now that Democrats control Congress and the White House, the battle lines could shift. What Is the Gig Economy? According to available data distilled by Cornell University and Aspen Institute’s Gig Economy Data Hub, more than a quarter of workers participate in the loosely defined gig economy in some capacity, and more than one in 10 workers rely on gig work for their primary income....