TessMore Finance Blog

Cash credit is a short-term financing source for businesses. It works similarly to an overdraft bank facility. It is an important financing source for businesses in managing their working capital requirements. Unlike an overdraft, a cash credit facility requires collateral. The interest charges apply to the portion of credit utilized only. Contrary to a traditional bank loan, the bank does not charge interest on fixed terms or the full borrowing limit. The cash credit limit approval works similarly to that of a secured loan. Important Features of a Cash Credit Facility The cash credit facility is usually awarded to corporate account holders. The working mechanism of cash credit works similarly to that of an overdraft facility. 1) Approval of Cash Credit Banks appraise the cash credit application based on the creditworthiness of the borrower. Credit history, corporate profile, the value of collateral, and income sources play key roles in cash credit approval. Once approved, borr

H&R Block is one of the biggest names in tax preparation, responsible for preparing a whopping one out of every seven tax returns that are filed in the United States. Their huge command of the market is because they have both 10,000 physical branches around the U.S. and tax software that you can use at home to prepare your return. If you need a local branch, odds are there is one within five miles of you right now. For anyone who wants the ease of software and the assurance of a tax pro going over their return before filing, H&R Block also offers the Tax Pro Review, which allows you to complete your return at home on H&R Block online, and choose to have a professional review of your return to make sure it is completely accurate before you submit it to the IRS. All online clients can add Tax Pro Review to their online filing. If you need tax software, you can quickly get it from their website at HRBlock.com. Their suite of products and services shows that H&R Blo

A s a landlord, you have a ton of responsibilities when managing your rental properties. From finding tenants to collecting rent , there are just so many things to keep track of. Still, one of the most important things you should do as a landlord is ensure you have the right insurance coverage. The right landlord insurance policy will help protect your rental property and your personal finances in a disaster or lawsuit. This article will discuss the best landlord insurance companies and what they offer . I’ll also dial in how best to pick a policy for you. Most Comprehensive Most Established Best For Condos Steadily Landlord Insurance Allstate Landlord Insurance State Farm Rental Property Insurance Get a quote Get a quote Get a quote Most Comprehensive Steadily Landlord Insurance Get a quote Most Established Allstate Landlord Insurance Get a quote Best Fo

President Biden signed an omnibus budget bill in December 2022, which included bipartisan legislation helping to make it easier for people to save for retirement. The SECURE (Setting Every Community Up for Retirement Enhancement) 2.0 Act builds on the previous SECURE Act law, which was passed in 2019. While not all of the changes in the SECURE 2.0 Act might affect you, it’s important to be aware of the changes. Here’s a quick look at some of the biggest updates. Changes to Required Minimum Distributions (RMDs) Many retirement accounts have Required Minimum Distributions (RMDs). The two most common types of accounts subject to RMDs are 401(k) and IRA accounts. The IRS wants to make sure that the money in these retirement accounts is withdrawn and spent (and therefore taxed). The SECURE 2.0 Act increases the age at which you are required to start taking withdrawals from your IRA or 401(k) plan. Prior to January 1, 2023, account holders needed to start taking RMDs at age 72, but as of t

Bingo games that pay cash are a fun way to make a little extra money, as each match is fast-paced and easy to learn. At the same time, bingo apps offer boosters that can help you gain an edge on the competition by daubing squares before they are called and earning bonus points. Bingo Cash offers an engaging gaming experience with free practice rounds and cash tournaments. Another notable feature is that the top three scores share the prize pool, making winning money easier. Our Bingo Cash review looks closely at how you can win money and have fun. Table of Contents What Is Bingo Cash? Who Can Play Bingo Cash? Bingo Cash Pricing How Does Bingo Cash Work? Gameplay Scoring Boosters Match Types Daily Rewards Cash Redemptions No Ads Bingo Cash Pros and Cons Pros Cons Is Bingo Cash Worth It? Bingo Cash Alternatives Blackout Bingo Bingo Clash Solitaire Cash Pool Payday Bingo Cash FAQs Final Thoughts on Bingo Cash What Is Bingo Cash? Bingo Cash is a hi

L ooking for a place to stash your personal or business cash savings? I spend a lot of time discussing the need to have your money in a high-interest or high-yield savings account. I thought it was about time I put together a list of the best high-yield savings accounts with a focus on small business owners like me.       $200 Bonus     SaveBetter UFB Direct CIT Bank SoFi Bank Live Oak Bank Ally Bank 4.23% 4.11% 4.05% 3.75% 3.50% 3.30% Go to site Go to site Go to site Go to site Go to site Go to site SaveBetter 4.23% Go to site UFB Direct 4.11% Go to site CIT Bank 4.05% Go to site $200 Bonus SoFi Bank 3.75% Go to site Live Oak Bank 3.50%