"Collateralization is the use of a valuable asset as collateral to secure a loan. If the borrower defaults on the loan, the lender may seize and sell the asset to offset their loss." #Collateral #Loan #Assets ... See MoreSee Less
"A gift tax is a federal tax paid by an individual who transfers something of value to another individual without receiving something of similar value in return." #GiftTax #FederalTaxes #IRS ... See MoreSee Less
"Credit risk is the possibility of a loss resulting from a borrower's failure to repay a loan or meet contractual obligations. Traditionally, it refers to the risk that a lender may not receive the owed principal and interest." #CreditRisk #Lender #LoanInterest ... See MoreSee Less
"E-commerce makes many aspects of starting a business simpler, but sales tax isn't one of them. This article explains what every e-commerce entrepreneur needs to know to manage sales taxes with confidence." #SalesTax #Ecommerce #OnlineSales ... See MoreSee Less
Jordan Tempchin & Associates CPA provides Accounting, Business Tax & Personal Tax & Bookkeeping services in Silver Spring. Serving Washington DC, Maryland & Virginia for over 60 years. Family owned an...
"As costs continue to rise, the bigger question is how to pay for higher education. This article will provide an overview of strategies for paying for college, from choosing the right school to qualifying for sources of financial aid." #CollegeFund #FinancialAid #CollegeTuition ... See MoreSee Less
Jordan Tempchin & Associates CPA provides Accounting, Business Tax & Personal Tax services. Serving Washington DC, Maryland & Virginia for over 60 years. Family owned and operated since 1952. Based in...
"There are several steps, which we explain in this retirement guide, from budgeting and setting goals to choosing the right retirement savings account that will help map out a plan." #RetirementSavingsAccount #Budgeting #RetirementGuide ... See MoreSee Less