Online Cash – Sento Soft http://sentosoft.com/ Wed, 29 Jun 2022 18:40:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://sentosoft.com/wp-content/uploads/2021/06/icon-2-150x150.png Online Cash – Sento Soft http://sentosoft.com/ 32 32 Real Estate: Johnny Cash’s former home in Casitas Springs for sale https://sentosoft.com/real-estate-johnny-cashs-former-home-in-casitas-springs-for-sale/ Wed, 29 Jun 2022 18:40:08 +0000 https://sentosoft.com/real-estate-johnny-cashs-former-home-in-casitas-springs-for-sale/

Wednesday, June 29th, 2022

Johnny Cash and his family lived in this house in Casitas Springs from 1961 to 1967. (courtesy photo) Nestled in the hills between Ventura and Ojai, a ranch-style house built and once owned by legendary country singer-songwriter Johnny Cash is for sale at $1.795 million. The 4,500-square-foot home sits on a nearly six-acre property on…

]]>
Fitch Rates Massport Series 2022A Green Bonds 'AA'/Stable; Affirms Outstanding Debt – Fitch Ratings https://sentosoft.com/fitch-rates-massport-series-2022a-green-bonds-aa-stable-affirms-outstanding-debt-fitch-ratings/ Mon, 27 Jun 2022 18:38:38 +0000 https://sentosoft.com/fitch-rates-massport-series-2022a-green-bonds-aa-stable-affirms-outstanding-debt-fitch-ratings/ Fitch Rates Massport Series 2022A Green Bonds ‘AA’/Stable; Affirms Outstanding Debt  Fitch Ratings

]]>
10 Accounts Agents Need To Optimize Business And Personal Cash Flows https://sentosoft.com/10-accounts-agents-need-to-optimize-business-and-personal-cash-flows/ Sat, 25 Jun 2022 10:31:54 +0000 https://sentosoft.com/10-accounts-agents-need-to-optimize-business-and-personal-cash-flows/

You just sold a property. The commission check is about to hit your bank account. Time to party, right? Not so fast. It’s not time for bottle service just yet.

Every dollar in that commission check has a job to do, and it’s not all earmarked for bubbly. Savvy agents know this. They’ve probably already felt the pain of not having cash in the right place at the right time. 

That’s why many of the top-tier agents we work with use a simple cash-management strategy to keep all their dollars in line and working hard. You might know this strategy as the “envelope method” or the “bucket method,” or as a simplified version of Mike Michalowicz’s Profit First method. Whatever you call it, it works.

Business accounts

First, let’s start with your business accounts. You’ll need five of them. The type doesn’t matter; just be mindful of fees and account minimums.

Your first business account is your revenue account. Every commission check gets deposited here, but no money stays in this account for very long. It’s just a clearing account. You will be taking all the funds out of this account and allocating them to the other four business accounts. 

Your second business account is your tax savings account. Move 25 percent to 30 percent of each commission check from your revenue account to this account. This account is pretty self-explanatory. You will use the funds here to pay your estimated quarterly taxes.

Your third business account is your operating account. Move 40 percent of each commission check from your revenue account to this account to pay for your business operating expenses. Things like salaries, lead generation, software, MLS dues and other expenses should be paid from this account. 

If you use a credit card for your business expenses, pay the balance on the card from this account each month. This account is also where you’ll pull your monthly salary, regardless of whether you take owner draws or pay yourself a W-2 salary. 

Your fourth business account is your reserve account. Move 10 percent of each commission check from your revenue account to this account to get you through the slow-selling months. 

We typically recommend keeping about three months’ worth of operating reserve in this account so that you won’t have to scramble to pay for business expenses when commission checks are few and far between in January, February and March. This account is typically depleted in Q1 of each year and replenished between Q2 and Q4. 

Your fifth business account is your profit account. Move the remaining 20 percent to 25 percent of each commission check from your revenue account to this account. Buy champagne with it, if that’s your thing. But a wiser use for it would be to get those profits into investments that will grow over time — some of which will be outlined in the next section on personal accounts. 

If you’re starting, go with these percentages. As your business grows, you will need to re-examine them. Your tax bracket will change, your expenses will boost, and your profit margin will usually decrease (even as your total earnings rise), so it is wise to re-examine these allocation percentages at least once a year. 

Personal accounts

You know you will fund your personal accounts via W-2, or the owner draws from your operating and profit business accounts. But now what?

Time to optimize your personal finances, so all that hard work you’ve done in your business doesn’t go to waste. The first personal account you need is your checking account, which is all about convenience.

Checking accounts aren’t sexy. In fact, they don’t pay interest at all. But that isn’t their role. The role of your checking account is to be funded to the point you don’t ever have to worry about an overdraft. At the same time, you want to carefully avoid allocating too much capital to what is essentially a stagnant account, which can become a drag on your net worth.

We typically see this account targeted at around two months of living expenses.

The second personal account you need is a high-yield savings account (HYSA), which rounds out your cash emergency fund. The role of your high-yield savings account is, first, stability — but with the upside of collecting monthly interest payments that aren’t available in a checking account.

Most HYSAs have limitations around the number of transactions you can create per month without incurring a fee. While this limitation is something you need to be aware of, it shouldn’t be an issue since the account’s main role is to act as a placeholder for your emergency fund in your time of need.

We typically see this targeted at around four to 10 months of living expenses.

The third personal account you need is a brokerage account, the first one we cover that offers significant growth potential. Along with the growth potential, the strongest feature of your brokerage account is that it comes with flexibility.

Unlike retirement accounts, which we will discuss next, a brokerage account is available for withdrawals at any time.

This availability serves two purposes:

  1. The ability to serve as a backup to your cash emergency funds in your time of need
  2. The ability to access the account when an opportunity arises, such as an investment property

Don’t sleep on your brokerage account. This account is a financial plan component where we see significant growth in our clients’ net worth. We typically recommend contributing all dollars above and beyond your emergency fund to your brokerage account.

The fourth personal account you need is your retirement account, which offers tax benefits no other account type can provide. Depending on the style of retirement account that you select to contribute to, you will receive either tax-deferred or tax-free growth. What’s the difference?

Tax-deferred growth is the benefit you receive when making a traditional retirement contribution. This could be to an IRA, SEP IRA, or Solo 401(k) account. Traditional retirement contributions allow you to take a current-year tax deduction for the amount you deposit into your retirement account.

Conversely, tax-free growth is the benefit you receive when making a Roth retirement contribution. If the plan is written correctly, Roth contributions are available via a Roth IRA or Solo 401(k) account.

While a Roth contribution provides zero tax benefit today, 100 percent of the contribution and growth in that account will be tax-free upon withdrawal after age 59 ½. So, what’s better?

It depends on your situation, but your financial planner will be able to run scenarios to help you determine the answer. Now, you may be saying, “But I thought you said to put all of my excess profit into my brokerage account? Where do I get the money to fund retirement?”

The amount you can contribute to a retirement account is limited and varies based on your earned income, age and inflation each year. Since this can be such a moving target, we recommend saving all your excess to the brokerage account to grow without any limitations, and then annually transferring your maximum amount from the brokerage account to your retirement account once your contribution has been calculated.

The fifth personal item on our list isn’t an account and also isn’t a requirement, but it offers the upside of leveraging your skillset as a real estate professional — investment real estate.

There are two reasons investment real estate makes sense for agents:

  1. You have a pulse on your niche market and can identify an opportunity better than the average Joe.
  2. You can build in sweat equity via a lower transaction cost by writing the deal yourself.

But be wary of going overboard with investment real estate as an agent yourself.

For the same reason it makes sense for a tech employee to diversify out of their company-awarded stock options, it makes sense for real estate agents to build a net worth disassociated with real estate as an asset class.

Make sure to be mindful of maximizing your skillset as a Realtor while prioritizing diversification of your net worth. Financial success as a Realtor is dictated by the decisions you make both within your business and your personal finances. 

And with these 10 accounts in place, you are building the infrastructure to operate both sides at the highest level. So, continue to pop the bubbly and celebrate your success; just don’t forget to manage your finances in a manner that keeps the party going long into retirement.

Jordan Curnutt, CFP, is a Certified Financial Planner professional for top-producing real estate professionals who want to strategically manage their wealth, optimize variable income, build a balanced net worth, and mitigate what is likely their biggest personal expense, taxes. Reach out to Jordan on Facebook, Instagram and LinkedIn.

Michael Kilner is the former operations manager for a top-producing real estate team and an independent brokerage. Now an IRS-credentialed tax professional, Kilner and his team at Kilner Advantage provide accounting and advisory services to real estate agents and teams across the country.

]]>
Best Cash Back Business Credit Cards for June 2022 https://sentosoft.com/best-cash-back-business-credit-cards-for-june-2022/ Thu, 23 Jun 2022 18:28:22 +0000 https://sentosoft.com/best-cash-back-business-credit-cards-for-june-2022/
BZ

A Quick Look at the Best Cash Back Business Credit Cards:

Business credit cards can help you spread the cost of your business purchase, control your company’s cash flow, simplify staff costs, borrow money and build your company credit history. Although these benefits can better help you protect your company finances, you can do more by leveraging the rewards offered by most business credit cards. 

Ink Business Unlimited® Credit Card

securely through Ink Business Unlimited® Credit Card’s
website

Disclosure: Terms Apply

Regular APR

13.99% – 19.99% | See Rates & Fees

1 Minute Review

Based on its flat-rate reward program and robust cash back bonuses, the Ink Business Unlimited® Credit Card is arguably the best overall business credit card for cash back. In line with its name, this highly business-orientated credit card offers an unlimited 1.5% cash back on every purchase you make for your business through the card’s lifespan — real money that gets credited into your business checking or savings account. And to help you earn the cash back even faster, Ink Unlimited offers employees cards at no additional cost. 

Pros

  • Unlimited cashback
  • No annual fee
  • Lavish welcome bonus
  • Employee cards at no additional cost
Cons

  • High foreign transaction fees
  • No bonus spending categories
  • Not optimized for balance transfers

Wells Fargo Business Elite Signature Card®

Disclosure: Terms Apply

Annual Fee

$125 (waived in the first year)

Regular APR

7.99% Variable | See Rates & Fees

1 Minute Review

The Wells Fargo Business Elite Signature Card®  has a simple yet highly generous cashback reward for businesses with high-volume sales. The card’s rewards program is perfect for companies with a sales volume of over $1 million that need to keep track of their employee expenditures and report on it. 

Pros

  • No foreign transaction fees
  • Up to 200 zero-cost employee cards
  • Generous benefits and add-ons, like travel insurance
Cons

  • Annual fees
  • Restricted quarterly redemption of cashback rewards
  • Transaction fees apply for a balance transfer

Ink Business Cash® Credit Card

securely through Ink Business Cash® Credit Card’s
website

Disclosure: Terms Apply

Regular APR

13.99% – 19.99% Variable | See Rates & Fees

1 Minute Review

Ink Business Cash® Credit Card targets cash back rewards for business-related expenditures, especially in select bonus categories. New cardholders can earn a one-time $750 cashback bonus for the first $7,500 spent. 

Pros

  • Generous welcome bonus
  • Zero cost fee for employee cards
  • High reward program for select bonus categories
  • 0% intro APR for the first 12 months
  • Employee card at no additional cost
Cons

  • Relatively high fees for balance transfers and cash advances
  • Spending caps on bonus rewards

Amazon Business Prime American Express Card

get started

securely through Amazon Business Prime American Express Card’s
website

Disclosure: Terms Apply

Regular APR

14.99% – 22.99% Variable | See Rates & Fees

1 Minute Review

Amazon Business Prime American Express is a good choice for businesses that spend heavily on Amazon and its related products (AWS and Whole Foods). The card offers 5% cash back for purchases made at Amazon.com, AWS or Whole Foods. There’s also the option of switching the cashback reward for a 90-day 0% APR financing on any eligible purchase.

Pros

  • No annual fee
  • No foreign transaction fee
  • Free employee cards
Cons

  • Requires Amazon Prime membership
  • No intro APR
  • Relatively higher APR

American Express Blue Business Cash™ Card

get started

securely through American Express Blue Business Cash™ Card’s
website

Disclosure: Terms apply

Regular APR

14.74% – 22.74% Variable | See Rates & Fees

1 Minute Review

The American Express Blue Business Cash™ Card offers no annual fee and 2% cash back on all eligible purchases up to $50,000 and 1% after that. With a 0% intro APR and affordable rates thereafter, this card helps your business get its footing and manage spending.

Pros

  • No annual fee
  • 0% intro APR
Cons

  • Need good – excellent credit
  • Caps on bonus

Chances are that you’ve used or are still using credit cards. That means you’re well acquainted with the benefits and rewards they can offer. Well, with business credit cards, the reward offerings are much more attractive. Typically, these rewards may include cash back on purchases, discount purchases on selected retail outlets, lower fees or free membership in business organizations and membership points or air miles.

It all depends on the credit card issuers. Different credit card issuers offer different reward programs. While some offers discounts on certain purchases, others might provide redeemable points. Cash back credit cards reward you with dollars. 

Understanding how to exploit these reward offerings will free up your business finances and help your business operations run more smoothly. However, choosing the best cashback credit card for your business can be challenging, especially with different credit card options available. 

To help you make a more informed choice and avoid browsing a long list of business credit cards and their offerings online, Benzinga compiled a list of some of the best cash back business credit cards and their best attributes.

Best Overall: Ink Business Unlimited® Credit Card

Ink Business Unlimited® Credit Card

securely through Ink Business Unlimited® Credit Card’s
website

Disclosure: Terms Apply

Regular APR

13.99% – 19.99% | See Rates & Fees

1 Minute Review

Based on its flat-rate reward program and robust cash back bonuses, the Ink Business Unlimited® Credit Card is arguably the best overall business credit card for cash back. In line with its name, this highly business-orientated credit card offers an unlimited 1.5% cash back on every purchase you make for your business through the card’s lifespan — real money that gets credited into your business checking or savings account. And to help you earn the cash back even faster, Ink Unlimited offers employees cards at no additional cost. 

Pros

  • Unlimited cashback
  • No annual fee
  • Lavish welcome bonus
  • Employee cards at no additional cost
Cons

  • High foreign transaction fees
  • No bonus spending categories
  • Not optimized for balance transfers

New cardholders can earn a one-time $750 bonus cash back after spending $7,500 within the first three months. Other benefits include a 0% introductory APR for the first 12 months, no annual fees and alternative rewards redemption for gift cards, cash back and travel with Chase Ultimate Rewards®. 

The Ink Business Unlimited® Credit Card offers fraud protection that monitors your account for fraudulent activities. In the case of fraud, you have zero liability, which means that unauthorized charges made with your card or account details are not your responsibility.

Best for High-Sales-Volume Businesses: Wells Fargo Business Elite Signature Card®

Wells Fargo Business Elite Signature Card®

Disclosure: Terms Apply

Annual Fee

$125 (waived in the first year)

Regular APR

7.99% Variable | See Rates & Fees

1 Minute Review

The Wells Fargo Business Elite Signature Card®  has a simple yet highly generous cashback reward for businesses with high-volume sales. The card’s rewards program is perfect for companies with a sales volume of over $1 million that need to keep track of their employee expenditures and report on it. 

Pros

  • No foreign transaction fees
  • Up to 200 zero-cost employee cards
  • Generous benefits and add-ons, like travel insurance
Cons

  • Annual fees
  • Restricted quarterly redemption of cashback rewards
  • Transaction fees apply for a balance transfer

Cardholders can earn unlimited 1.5% cash back or one bonus point on every $1 spent. For every card facilitating monthly company expenditure greater than $10,000, you’ll earn a cashback reward of 5,000 bonus points. Aside from the regular cashback rewards, you also enjoy a one-time $1,000 cashback (equivalent to 100,000 bonus points) welcome bonus for a $15,000 worth of expenditures in the first three months as a new cardholder. The providers also offer up to 200 employee cards at zero additional charge.

Other benefits include travel incidentals insurance that pays up to $100 yearly, zero foreign transaction fees and a one-year waiver for annual fees.

Best for Added Value: Ink Business Cash® Credit Card

Ink Business Cash® Credit Card

securely through Ink Business Cash® Credit Card’s
website

Disclosure: Terms Apply

Regular APR

13.99% – 19.99% Variable | See Rates & Fees

1 Minute Review

Ink Business Cash® Credit Card targets cash back rewards for business-related expenditures, especially in select bonus categories. New cardholders can earn a one-time $750 cashback bonus for the first $7,500 spent. 

Pros

  • Generous welcome bonus
  • Zero cost fee for employee cards
  • High reward program for select bonus categories
  • 0% intro APR for the first 12 months
  • Employee card at no additional cost
Cons

  • Relatively high fees for balance transfers and cash advances
  • Spending caps on bonus rewards

Cardholders can earn a 5% cash back each account anniversary year on the first $25,000 spent on business-related expenses, including business purchases at office supply stores and cable, internet and phone services.

Other bonus reward categories include a 2% annual cash back on the first $25,000 spent at restaurants and gas stations and a 1% cash back on all other purposes.

Similar to the Ink Business Unlimited credit card, this credit card also offers fraud protection with a provision for zero liability in the event of unauthorized withdrawal or card usage. You can redeem your cash back rewards using Chase Ultimate Rewards. Suppose you have a small business that spends big on the card’s top reward category (office supplies, internet, cable and phone services). In that case, Ink Business Cash® Credit Card is the best choice for you.

Best for Expenses: Amazon Business Prime American Express Card

Amazon Business Prime American Express Card

get started

securely through Amazon Business Prime American Express Card’s
website

Disclosure: Terms Apply

Regular APR

14.99% – 22.99% Variable | See Rates & Fees

1 Minute Review

Amazon Business Prime American Express is a good choice for businesses that spend heavily on Amazon and its related products (AWS and Whole Foods). The card offers 5% cash back for purchases made at Amazon.com, AWS or Whole Foods. There’s also the option of switching the cashback reward for a 90-day 0% APR financing on any eligible purchase.

Pros

  • No annual fee
  • No foreign transaction fee
  • Free employee cards
Cons

  • Requires Amazon Prime membership
  • No intro APR
  • Relatively higher APR

The 5% cash back applies to the first $120,000 purchases per calendar year. Other benefits include a 2% cash back for purchases made at U.S. gas stations, U.S. restaurants and wireless telephone services acquired directly from service providers in the United States. And it pays a 1% cash back on all other purchases.

Amazon Business Prime American Express integrates with payment processing software Quickbook and Bill.com. The integration fast-tracks auto-expense categorization and helps you make the most of your business bill payments.

Best for Entrepreneurs and Small Businesses: American Express Blue Business Cash™ Card

American Express Blue Business Cash™ Card

get started

securely through American Express Blue Business Cash™ Card’s
website

Disclosure: Terms apply

Regular APR

14.74% – 22.74% Variable | See Rates & Fees

1 Minute Review

The American Express Blue Business Cash™ Card offers no annual fee and 2% cash back on all eligible purchases up to $50,000 and 1% after that. With a 0% intro APR and affordable rates thereafter, this card helps your business get its footing and manage spending.

Pros

  • No annual fee
  • 0% intro APR
Cons

  • Need good – excellent credit
  • Caps on bonus

American Express Blue Business Cash™ Card allows you to spend reasonably above your credit limit and awards freebies for utility. Cardholders can earn 2% cash back on combined purchases not more than $50,000 in a calendar year. Additionally, you earn 1% cash back on other eligible purchases using your card after the first $50,000, which are tangible dollars that go into your account.

As a welcome package, new cardholders can earn a one-time $250 statement credit for the first $3,000 spent within three months of account opening. While this business credit card typically allows you to spend above your credit limit, the extra spending allowance isn’t unlimited. You set the limit, and the card uses your credit record and payment history to adjust accordingly. The credit card doesn’t charge annual fees. It also integrates with Quickbook and Bill.com to help you make the most of your bill payments.

Features to Look for in the Best Cash Back Business Cards

Understanding key features to look out for when shopping for a business credit card is the key to choosing a credit card that aligns with your business interests. Key features you need to consider before making a choice follow. 

Low annual fees

A credit card’s annual fee is the cost the card issuer charges a cardholder to keep their credit account open. It is money you’ll be paying to enjoy the credit benefits of your credit card. 

Some credit cards charge low annual fees, and others charge high ones. And some, of course, don’t charge at all. So, regardless of other benefits providers offer, it won’t be worth it if they charge a budget-breaking annual fee.

Rewards

Business credit cards offering a reward on purchases can potentially put significant dollars into your business account. However, when reviewing and comparing reward programs for a business credit card, you need to consider whether the card earns points or cash back. 

Ideally, cash is preferable as it’s easier to manage — your business account automatically gets credited once you complete a purchase. In contrast, points, although potentially more lucrative, are a bit more challenging to manage. For instance, while you can leverage points to travel, you’ll need to do some airline research to bag the best possible point value.

Your card’s extra services are additional perks and add-on benefits you can enjoy for free or at a specific price. Different credit card companies provide various complimentary services. 

For instance, a travel-oriented business credit card may offer no foreign transaction fee, complimentary airport lounge access and free checked baggage. In contrast, cash back or traditional reward cards may offer bonuses on purchase protection or rotating business categories. Extra services can also be in the form of a first late payment fee waiver or exclusive event access. 

Either way, extra services can add up to sound money. Check the landing page of the credit card issuer to know what extra services it offers and compare them with others before making a choice. Extra services could differentiate between a good card and a great one.

Welcome or sign-up bonuses

Although choosing a business credit card based on a single, one-time offer is not advisable, a great sign-up bonus remains a powerful, enticing feature worthy of consideration. Welcome bonuses can rack up thousands of dollars for your business. Traditional welcome or sign-up bonuses are straightforward, offering you cash back or a reward once you meet the spending requirements. 

You can easily bag such an offer if you’re in the process of making a significant business investment, like purchasing pieces of machinery and pieces of furniture. Another great option in the sign-up bonus space is the introductory APR offer which can take the form of a 0% balance transfer APR or introductory 0% APR on purchases. You can save considerable interest by leveraging either depending on your precise need. Either way, choosing a business credit card that offers sign-up bonuses can significantly help your finances.

Free employee card

Different credit card issuers handle additional employees’ cards differently. Sometimes this depends on the card type and unique features. Most issuers are willing to offer an unlimited number of employee cards at no additional cost to your account. Others provide a free card to a specific limit and subsequently charge you. Yet others don’t offer free cards. Suppose you’re planning to provide your employees their own credit cards to handle business purchases, which is a great way to earn a reward on business purchases. In that case, you need to consider how the issuers charge employee cards.

How to Get Approved for a Credit Card

Knowing the specific features to look out for in a credit card is a significant step toward getting a credit card that perfectly aligns with your business needs. Unfortunately, applying for a credit card doesn’t automatically qualify you for approval. Let’s review some approaches to help improve your chances for approval.

Knowing your credit score

Whether you are applying for a credit card, mortgage or loan, your credit score is a crucial determinant of your application’s approval. You can check your credit score via your credit report. 

Knowing your credit score allows you to see where you stand. It’ll help you avoid taking the long route of applying for a credit card you don’t qualify for. Most vitally, knowing your credit score will help you take a constructive step towards building your credit to match the credit requirements of your choice.

Build your credit

Suppose you don’t have enough credit history or credit score to match the business credit card requirements. In that case, you need to build your credit report to increase your credit score.

Several tools can help you achieve this. For instance, you can consider using a secured card that’ll allow you to deposit funds as credit or ask to be an authorized user on someone else’s card. However, if you prefer to build your credit score without a credit card, you might give a credit-builder or secured loan a shot.

Good spending habits

How you spend your money reflects directly on your credit report. Good spending habits tell your potential credit issuer that you won’t be spending borrowed credit on non-essentials and that you’ll prioritize paying back your credit on time.

However, aside from increasing your credit card approval chances, good spending habits are a responsible behavior you should adopt. It is especially essential if you wish to improve your personal finances.

Clear existing debt and avoid financial history

Existing debt is a recipe for outright rejection, especially if you owe more than a certain percentage of your income. So work to clear your debt. You should also avoid payday loans and unauthorized overdrafts as these can fast-track your rejection.

How you can Improve Your Credit Score

An excellent credit score unlocks financial opportunities for you, especially those related to credit. Unfortunately, growing a credit score from baseline grade to excellent grade can be challenging. Nevertheless, it can be done. Here are a few tips that’ll help you improve your credit score going forward.

Pay credit balances systematically

Your credit utilization is the percentage of your credit limit you spent in a given period. Although you needn’t aim for 0% utilization, you must keep it below 30% to have an excellent credit score. To achieve this, always pay your balance before the end of the billing cycle. That way, you ensure that your credit balances are low when the card issuer reports it to the credit bureau, which is how your credit score is tabulated.

Pay your bills on time 

Regardless of your approach to improving your credit score and how you do, it won’t matter if your payments are late. Late payments are a glaring red flag for creditors. And they will reflect on your credit report for at least 7.5 years, which means a constant red flag that’ll perpetually decrease your chances of increasing your credit score. Therefore be sure to pay your bills on time.

Use a secured credit card 

A secured credit card is an alternative credit card that uses your cash deposit as its credit limit. You’ll be able to use the card like a regular credit card. Your default on-time payment will go a long way in building your credit.

Frequently Asked Questions

Is credit card cashback taxable?

1

Is credit card cashback taxable?

asked

Chika Uchendu

1

No, credit card cash backs are not taxable. The IRS considers cash back and other rewards as rebates, not income. Hence they are non-taxable.

Answer Link

answered

Benzinga

Do business credit cards offer the most credit?

1

Do business credit cards offer the most credit?

asked

Chika Uchendu

1

Usually, business credit cards offer higher credit limits than personal credit cards. Nevertheless, it’s hard to say which business credit card gives the highest possible credit limit. Instead, your credit limit will ultimately depend on your credit profile.

Answer Link

answered

Benzinga

What is the best business credit card for cash back?

1

What is the best business credit card for cash back?

asked

Chika Uchendu

1

Benzinga lists the Ink Business Unlimited® Credit Card as the best business credit card for cash back. It has a comprehensive reward and bonus program structure that offers many benefits for businesses at little to no cost.

Answer Link

answered

Benzinga

]]>
AstraZeneca says its $200M cash bet on Ionis’ ATTR drug is paying off — with PhIII data setting up FDA filing – Endpoints News https://sentosoft.com/astrazeneca-says-its-200m-cash-bet-on-ionis-attr-drug-is-paying-off-with-phiii-data-setting-up-fda-filing-endpoints-news/ Tue, 21 Jun 2022 14:56:46 +0000 https://sentosoft.com/astrazeneca-says-its-200m-cash-bet-on-ionis-attr-drug-is-paying-off-with-phiii-data-setting-up-fda-filing-endpoints-news/

Mark Cuban made a big splash in the world of generic drugs when he launched a new company earlier this year, pledging to only charge a 15% mark-up for its generic drugs, and offering alternatives to a market often prone to shortages, and expensive options (think Martin Shkreli) often due to a lack of competition.

Widespread cost savings from using Cuban’s new company could be steep. A new study in the Annals of Internal Medicine took a look at almost 90 generic drugs that the Medicare Part D program pays for, finding that Medicare could’ve saved $3.6 billion in 2020 if it had purchased 77 of 89 drugs from Cuban’s firm.

Endpoints News

Keep reading Endpoints with a free subscription

Unlock this story instantly and join 144,000+ biopharma pros reading Endpoints daily — and it’s free.


]]>
Manchester United left disappointed after Richard Arnold’s talk with fans was filmed and leaked https://sentosoft.com/manchester-united-left-disappointed-after-richard-arnolds-talk-with-fans-was-filmed-and-leaked/ Sun, 19 Jun 2022 22:43:11 +0000 https://sentosoft.com/manchester-united-left-disappointed-after-richard-arnolds-talk-with-fans-was-filmed-and-leaked/

Manchester United left disappointed after Richard Arnold’s frank conversation with supporters was secretly filmed and posted online… after the United CEO specifically asked NOT to record the discussion

  • Man United are disappointed a video of Richard Arnold leaked online last week
  • The United CEO met with fans to discuss the club’s current situation 
  • Fans recorded the conversation with Arnold and posted it on social media  
  • Arnold described United’s last 12 months as a ‘f****** nightmare’ in the video 

Manchester United are disappointed that a frank conversation between Richard Arnold and fans was secretly filmed and posted online.

Chief executive Arnold admitted United had ‘burned through cash’, describing the last 12 months as a ‘f****** nightmare’ in an impromptu summit at his local pub.

Arnold admitted to them that the situation was bleak but assured them he was working hard to rectify it.

United CEO Richard Arnold (left) met with fans to discuss the club's current situation

United CEO Richard Arnold (left) met with fans to discuss the club’s current situation

One of the fans recorded part of the conversation and posted the video onto social media

One of the fans recorded part of the conversation and posted the video onto social media

United are saddened that one of the group filmed the chat having been asked by Arnold not to but are relaxed about it. Arnold told the group the Glazer family had spent ‘a billion’ on players which was ‘more than anyone in Europe’.

He added: ‘I’m not thrilled where we are. It doesn’t sit easy with me and I worry how we get this sorted for the future. ‘We have f****** burned through cash.

‘You can’t go to our training ground and say, ‘show me where the £1billion is’ because we haven’t spent money well.

Arnold told the group of supporters the Glazer family had spent 'a billion' on players

Arnold told the group of supporters the Glazer family had spent ‘a billion’ on players

Arnold said money 'is there' for new boss Erik ten Hag to sign players this summer

Arnold said money ‘is there’ for new boss Erik ten Hag to sign players this summer

‘Last year was a f****** nightmare. There was hate at every game. We’ve blown an enormous amount of money.’

Arnold pleaded with fans to stop their protests and said money ‘is there’ for new boss Erik ten Hag to sign players. 

A United spokesperson said: ‘Richard heard a group of fans had gathered in a pub near his house. He listened to their views and explained what the club is doing to deliver success on the pitch, improve the stadium, and strengthen engagement with fans.’

United fans are unhappy after their club achieved their worst ever league finish last season

United fans are unhappy after their club achieved their worst ever league finish last season

]]>
20,000 out-of-school children to benefit from UNICEF cash transfer in Katsina The Nation Newspaper – The Nation Newspaper https://sentosoft.com/20000-out-of-school-children-to-benefit-from-unicef-cash-transfer-in-katsina-the-nation-newspaper-the-nation-newspaper/ Sat, 18 Jun 2022 06:34:21 +0000 https://sentosoft.com/20000-out-of-school-children-to-benefit-from-unicef-cash-transfer-in-katsina-the-nation-newspaper-the-nation-newspaper/ 20,000 out-of-school children to benefit from UNICEF cash transfer in Katsina The Nation Newspaper  The Nation Newspaper

]]>
InYourArea wins Social Good award for Cash for Connectivity campaign https://sentosoft.com/inyourarea-wins-social-good-award-for-cash-for-connectivity-campaign/ Thu, 16 Jun 2022 14:25:23 +0000 https://sentosoft.com/inyourarea-wins-social-good-award-for-cash-for-connectivity-campaign/

Ed Walker, Maxine Dalziel and Mick Robins collected the award on behalf of the InYourArea team. Photo: AOP

InYourArea has been recognised with an award for its Cash for Connectivity campaign, and would like to say a big thank you to our amazing community for getting behind it.

Cash for Connectivity won the award for ‘Best Publisher-led Social Good Initiative or Campaign’ in the Publishing Excellence Awards category at the AOP Digital Publishing Awards 2022 last night (June 15).

Cash for Connectivity was launched back in January 2021 to stop children from falling further behind in their education because they were unable to access online learning at home during lockdown.

Ed Walker, Editor-in-Chief at InYourArea, said: “A big thank you to all our InYourArea users for their help in responding so quickly to the Cash for Connectivity appeal – and also to all those readers of Reach’s northern brands – plus those of our partner organisations too.

“January 2021 feels a lifetime ago, but it showed that in tough times, we have the power to do good – and quickly. I’m proud of everything we did to help more than 5,000 families across the North of England during that period of home-schooling.”

The pandemic had a devastating effect on all our children – kept away from friends, navigating home-schooling and the uncertainty over exams and futures.

But children from less well-off households had it worse – learning moved online, and whilst people rallied to provide laptops and devices, it became apparent that there was another issue – lack of access to the internet.

Read More

InYourArea joined the Cash for Connectivity appeal to help provide internet dongles – inexpensive hardware to connect laptops and up to 10 other devices per household to the web.

The emergency appeal helped 5,000 low-income households in the north get connected to the internet through the generosity of readers who raised nearly £50,000.

Judges for the AOP Digital Publishing Awards 2022 said: “This entry brought so many disparate partners together to achieve a tangible and immediate impact at speed. In Your Area took a problem relevant to their readers and found a solution quickly by taking a lead.”

Read More

Cash for Connectivity is part of the Laptops for Kids campaign, launched by technology entrepreneur David Richards and supported by the Northern Powerhouse Partnership, WanDisco, Laptops for Kids, GoFundMe and a coalition of Reach’s northern titles, along with Newsquest and JPI Media titles, businesses, local authorities and MPs.

So whilst we may have taken home the award – we know it belongs to the whole InYourArea community – thank you for your support.

]]>
Chinese Internet Companies' Ratings to Evolve Further – Fitch Ratings https://sentosoft.com/chinese-internet-companies-ratings-to-evolve-further-fitch-ratings/ Tue, 14 Jun 2022 06:42:27 +0000 https://sentosoft.com/chinese-internet-companies-ratings-to-evolve-further-fitch-ratings/ Chinese Internet Companies’ Ratings to Evolve Further  Fitch Ratings

]]>
‘I’m a hustler, but I didn’t steal the president’s cash’ – TimesLIVE https://sentosoft.com/im-a-hustler-but-i-didnt-steal-the-presidents-cash-timeslive/ Sun, 12 Jun 2022 06:45:46 +0000 https://sentosoft.com/im-a-hustler-but-i-didnt-steal-the-presidents-cash-timeslive/ ‘I’m a hustler, but I didn’t steal the president’s cash’  TimesLIVE

]]>