Students who request an advance payment will have those funds deducted from future benefits.
A.'s 57 regional offices can request what amounts to an advance payment of their educational benefits.
The advance payment would be applied as an offset against future royalties due under the license agreement.
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The DOE agreed and reduced the advance payment reserve account to six months.
Besides the request for advance payment, the SEC and other sources list a number of other warning signs and wise practices to follow.
It is critical that the amount received by the U.S. parent be nonrefundable otherwise the advance payment would be treated as creating a debt.
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The important thing here is that the advance payment on the second year is calculated from the settlement payment for the first year.
The answer is unequivocally yes and I am happy to announce that we will be initiating an advance payment today to prefund the principal payment that is due in March 2013.
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When most artists sign record deals, they hand over these rights in exchange for an advance payment, a smaller royalty of 10-15% on music sales and the prestige of recording an album for a major record label.
As a plaintiff in the lawsuit to stop Comptroller Combs from making illegal payment, we were pleased she chose not to make the first advance payment thereby tapping the brakes on the incentive until the race was over and attendance and economic benefit were more certain.
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The amount of the advance royalty payment generally is subject to U.S. tax in the year received (but there would be no further taxable royalty income in years 2 and 3).
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Also, with the bond you know in advance your 2027 termination payment.
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