You’ve just picked up your first passenger and are taking them to the airport. Instead of focusing on the road, your attention is diverted to your passenger when you’ve run a red light and hit another car. In these situations, rideshare insurance is a standalone policy or endorsement on your personal auto policy that provides…
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What Are Dupes? Business Risks & Opportunities Explained
“Dupes” is shortened slang for “duplicates,” as they are duplicates of authentic branded products. Dupes are a prevalent trend on social media, with influencers posting on platforms like TikTok about how to find dupes for specific products. While dupes used to have a negative connotation, about a third of US consumers1 have intentionally purchased dupe…
Diversity, Equity, and Inclusion (DEI) Calendar for 2025
One of the key concepts of diversity, equity, and inclusion is to provide awareness to employees about the celebrations of other cultures. By using our DEI calendar, you will have access to a large list of national and DEI holidays that focus on diverse groups, cultures, and religions. To help you keep track of monthly…
What Is the Dividends Received Deduction & How to Compute
The Dividends Received Deduction (DRD) is a tax break available to a C corporation (C-corp) that receives dividends from other corporations in which it is a shareholder. The DRD’s main purpose is to protect corporate income from being subject to multiple layers of taxation. A corporation can claim a specific amount of DRD based on…
What Is An Email Blast? (+ Tips & Examples to Get Started)
An email blast (sometimes called an e-blast or eblast) is an email you send to hundreds or thousands of recipients at once (hence why it’s called a “blast”). It’s often used to send general announcements or messages to your entire subscriber base quickly and easily, like store announcements, seasonal greetings, or event invitations. Email blasts…
Debits and Credits in Accounting: A Simple Breakdown
Debits and credits represent the left and right side of the account, respectively. There’s actually no complex definition behind these two pillars of double-entry bookkeeping—and saying that debits are inflows and credits are outflows is a common misconception and misapplication of the debit-credit theory. When I was still studying college accounting, it took some time…
What Is LIFO? The Last-in, First-out Method Explained
The last-in, first-out (LIFO) method is an inventory cost flow assumption where the most recently purchased items are considered sold first, directly impacting the cost of goods sold (COGS) on the income statement. This means newer inventory costs are used to calculate COGS, while older inventory costs remain on the balance sheet as inventory. In…
What Is Multifamily Financing? Types, Rates & Terms
Multifamily financing is commonly used to refinance, acquire, or cover construction costs on a multiunit property. Construction costs can include repairs, renovations, and other upgrades made to land and existing buildings. Eligible properties can vary depending on the lender you choose, but usually encompass any property with more than one unit such as duplexes, triplexes,…