Processing Date.

The processing date is the date on which a credit card transaction is processed by the card issuer. This date is typically printed on the customer’s statement. The processing date is used to determine the interest rate that will be applied to the transaction, as well as any grace period that may be applicable. What … Read more

Flow-Through Entities: Everything You Need to Know.

Flow-Through Entities: What You Need to Know What entities are flow-through entities? A flow-through entity is an entity through which income flows to the owners or investors, without being subject to taxation at the entity level. The most common type of flow-through entity is the partnership. Other types of flow-through entities include S corporations, limited … Read more