Not a single share … And again about the motivation of top managers
Increasingly, we are faced with a request from business founders: we want to give top managers shares so that they receive a percentage of profits and are associated with the company with long-term interests.
Thanks to world practice, Google and Facebook for illustrative examples of such motivation.
However, often in such a request there is an illusion … an illusion of hopelessness for the very top manager whom we want to motivate. Continue reading
Profit and loss statement: how much your business earns
Every businessman wants to know his profit and manage it. A tool called the income statement (OPI) helps to calculate it correctly. We tell you what it is, why it is needed, how it is arranged, how to conduct it and how to use it.
What is OPiU
The Profit and Loss Statement (OPI) is a table that reflects the revenue of a business and the expenses it incurred to earn it. The difference between them is profit or, if it has a negative value, loss. Continue reading
3 non-standard cases when a tuition deduction can “burn out”
The tuition deduction is one of the most common deductions for individuals. But this does not negate some cases, in the event of which the deduction for treatment may disappear. In this article, we will analyze such situations.
General rules for obtaining a “student” deduction?
deduction can only be issued by tax residents who pay personal income tax on certain types of income Continue reading