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Are accountants required to maintain professional liability insurance?
It is not a requirement but having a good professional liability insurance policy in place will give you more credibility in your industry. If you are an accountant in the employ of another then you should not have a need for a professional liability policy. If you work as a self employed or a contractor you should carry coverage. Many companies will require you show them your insurance before they will grant you contract work.
What is differentiate assets and liabilities?
So many people misunderstand Asset and Liability, they seems to refer to liability when talking of asset. Properties like car, house etc have always been the substances for the misunderstanding. However, Asset is simply any substance (property) that brings or accrues money to an individual while Liability is any substance that an individual spends money on, that which takes out money from your pocket.
What is the money retained from a paycheck and credited against tax liability?
It is called tax withholding. Many people simply call it withholding.
What is the average annual cost of professional liability insurance for consultants for a million dollars in coverage?
No way to answer this ratings are dependent on too many factors contact a few agents and request quotes.
What are the accounts title in accounting?
There are different types of accounts in accounting. Some of these accounts are asset account, liability accounts, equity accounts, and operating expense accounts. There are many titles that coincide with these accounts.
Where can I take an online criminal justice program?
There are many places that you can take courses to get a degree in criminal justice. the website www.directoryofschools.com/Criminal-Justice-Degrees.htm will have a comprehensive list of the schools that meet your desired requirements.
What does the Criminal Injuries Compensation Board do to help victims of crime?
The Criminal Injuries Compensation Board must first receive requirements from you. They appoint a police department in your local jurisdiction and they do many other things.
Are factories who pollute the air with smoke required to have pollution liability insurance?
There are many different requirements for businesses who pollute the air with smoke. These businesses have to get permits and carry pollution liability insurance. Also, the amount of smoke they put into the air is also regulated.
How many types of Business Structures are in Sweden?
Following are the types of company structures available in the UK laws: Limited Company (AB) Ownership: You can have one shareholder. Liability: Directors and shareholders enjoy limited liability protection. Popular Choice: Most common business structure for foreign investors. Requirements: Minimum capital of 25,000 SEK. Trading Partnership (HB) Ownership: Must have two or more partners. Liability: Partners are personally liable for the company's debts. Requirements: No minimum capital is required. Limited Partnership (KB) Ownership: Involves more than two partners (individuals or businesses). Liability: General partners have unlimited liability, while limited partners have liability up to their capital contribution. Requirements: No minimum capital is required. Branch Office (Filial) Ownership: Extensions of the parent company. Liability: The parent company is liable for the company's debts. Requirements: Must use the name "Filial." Sole Proprietorship Ownership: Suitable for individual professionals launching their own businesses. Liability: The owner bears full responsibility for all debts and liabilities. Requirements: No minimum capital is required.
Do you need a car to get liability insurance?
Automobile Liability insurance, YES. Liability insurance, NO. There are many kinds of liability insurance.
What are the requirements and responsibilities of a child support worker?
Child support workers are State employees and requirements vary widely among States. In many States, this position is unionized. In general, they must have college degrees and/or relevant experience and meet other civil service requirements (citizenship, no criminal record, etc.).
How many years of schooling is required to become a criminal attorney?
In the United States, most lawyers earn a four-year undergraduate degree followed by a three-year Juris Doctor degree from an accredited law school. The requirements are the same whether the person ultimately becomes a criminal attorney or a criminal defense attorney.
How many hours does a criminal profiler work?
Criminal profilers typically work regular full-time hours, which can vary based on the specific job requirements and caseload. They may also work irregular hours, including evenings and weekends, to respond to emergencies or ongoing cases.
Can your fake ID be taken by someone working in the bar where you try to use it?
Probably. In many states it is required for the owner or person in authority to confiscate fake ID's and notify authorities to protect themselves from possible civil/criminal liability.
Where can someone estimate their Tax Liability online?
You can estimate your Tax Liability online on Virginia.gov. Tax Liability online helps you to determine your estimated tax liability and how many payments you should make.
How many limited liability partnerships compare with general partnerships?
The main difference between limited liability partnership and general partnerships is limited liability. Partners of an general partnerships are liable for all debts accumulated. Partners of an limited liability partnership are enjoying limited personal liability protection. However many people may prefer to incorporate Limited Liability Company instead of an limited liability partnership.
How is a limited liability company formed?
Typically it is a simple filing with the Secretary of State's office. In many states it can be done on-line for a fee of under $100. I have LLCs in WA and GA and neither took more than a few minutes to establish.
