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An operating lease is like renting, a business can lease assets it needs to operate."}},{"@type": "Question","name": "What Is the Difference Between Operating Lease and Finance Lease?","acceptedAnswer": {"@type": "Answer","text": "A finance lease transfers the asset and any risk or return to the lessee. This means that ownership is transferred in a financial lease to the intity that leases the asset. In an operating lease, the ownership remains with the lessor, the entity that leased the asset to the lessee."}},{"@type": "Question","name": "What Are Operating Leases Used for?","acceptedAnswer": {"@type": "Answer","text": "Operating leases allow companies a greater flexibility to upgrade assets, like equipment, which reduces the risk of obsolescence. There is no ownership risk and payments are considered to be operating expenses and tax-deductible. Finally, the risks and benefits remain with the lessor as the lessee is only liable for the maintenance costs."}}]}]}] EducationGeneralDictionaryEconomicsCorporate FinanceRoth IRAStocksMutual FundsETFs401(k)Investing/TradingInvesting EssentialsFundamental AnalysisPortfolio ManagementTrading EssentialsTechnical AnalysisRisk ManagementNewsCompany NewsMarkets NewsCryptocurrency NewsPersonal Finance NewsEconomic NewsGovernment NewsSimulatorYour MoneyPersonal FinanceWealth ManagementBudgeting/SavingBankingCredit CardsHome OwnershipRetirement PlanningTaxesInsuranceReviews & RatingsBest Online BrokersBest Savings AccountsBest Home WarrantiesBest Credit CardsBest Personal LoansBest Student LoansBest Life InsuranceBest Auto InsuranceAdvisorsYour PracticePractice ManagementFinancial Advisor CareersInvestopedia 100Wealth ManagementPortfolio ConstructionFinancial PlanningAcademyPopular CoursesInvesting for BeginnersBecome a Day TraderTrading for BeginnersTechnical AnalysisCourses by TopicAll CoursesTrading CoursesInvesting CoursesFinancial Professional CoursesSubmitTable of ContentsExpandTable of ContentsWhat Is an Operating Lease?How It WorksAdvantages and DisadvantagesExampleAccounting for an Operating LeaseOperating Lease vs. Finance LeaseOperating Lease FAQsThe Bottom LineBusinessBusiness EssentialsOperating Lease: How It Works and Differs From a Finance LeaseByCarla TardiFull Bio LinkedIn Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms.Learn about our editorial policiesUpdated November 13, 2022Reviewed byMargaret JamesFact checked byPete Rathburn Fact checked byPete RathburnFull BioPete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom.
All Cash Assistance and SNAP applicants that have been approved for benefits will receive an EBT card in the mail. If your EBT card has not yet arrived, you can go to the Brooklyn OTC site for your permanent card, or one of seven open center locations for a temporary card that will have all benefits available until the EBT card arrives. Please see this list of locations.
You can apply by submitting an application online, visiting your local county office, or by downloading and printing an application (English, Spanish, Arabic, and Somali) and mailing the application to the local office. You can also have an application mailed to you. It is important that you file an application as soon as possible since your benefits may go back to the date of your application. If you have received benefits in another state benefits will not go back to date of application. Once the local county office receives your application, they will then schedule for an appointment within 7-10 days. If you have not received a reply within that time, please contact the Family Assistance Service Center at 1-866-311-4287.
im past frustration i have been trying to correct my living arrangements since june when case worker took my information while i was driving. i knew she didt get it right and called her soon as i got home. i pay rent and pay for my own food she got it wrong and they have been taking 261 dollars ever since, I have called her 27 times never a return call. i never knew the direct number to my local office where she works just a number where u need an extension which was useless since she refused to return any of my phone calls. Then i called main office number twice and twice those i spoke said they will pass the information on to my local office. Again nothing ever happened. Finally i found direct number to my thousand oaks office i have called then 4 times and again nothing. i have requested. one call i didnt speak directly to my case worker but she told the person i was speaking she told him to tell me to make corrections on the paper work i was originally sent with the amount i was to receive. I did that again nothing happened that was 3 months ago. i didnt certify it but never had problems sending in my other documents. just recently i called the office and twice i was told to send reclamation form. i said again that will be useless too. your information said to call write etc. ive done all that i was told to request another ssi interview falls on deaf ears. i have have read and done everything i can since June to corect this. I asked to make an appointment last week to visit office. I was rudely told this isnt an emergency. Even my original acceptance with amount i was to recieve says call us we will be happy to correct information. ive asked to speak to a supervisor nothing. My local office has hung up on several times because i became fed up begging then to fix this. I have been told so many different things i need to do i do them nothing, its as simple as calling make an appointment. One would think i dont know what else to do except go to advocate on channel 4 and have him help me. 9 payments of missing 261 dollars because of wrong information case worker has me living rent free and meals are paid. completely wrong and i knew she got it wrong. First of all i was on a busy street with no where to pull over so i was busy trying to find a safe place. Second of all i never knew this was my interview i got no notice i asked if i could call when i got home no she this will only take a minute. I knew nothing about this interview and being on a very busy street didnt help matters so i called to reiterate my information 20 minutes later when i got home before she needed to submit wrong information, She had made some comment to me before she hung up that made me beleive she didnt take in the right information so i called right away. that is 2400 dollars ive been docked. i also have another issue before my payments were issued on a debit card i recieved paper checks i had gotten 3 at once. I had owed 2 months rent waiting for approval so i gave all 3 to my landlord who is the owner of the where i live, He held onto them then few months back he said go cash them. So i went to b of a . June July August payments one of them was money back owed. the teller said i cant cash july payment its been cashed already. She gave me treasurer number i called them next day they said no check is fine. I tried cashing at cash checking place but check was now over 6 months old. I called my local office again explained what was going on this is now going on another 3 months. I have called 4 times to see what is taking so long i was told to send my check in i said im sorry when you deposit my money on my card i will mail you the uncashed check this is the only proof i have to show you it was never cashed its in my possession. Local office call the treasury dept and obviously got same info that it had nt been cashed and i would recieve shortly again 3 months have passed. i call 2 weeks ago to ask what was going on. I was told they would call me back they needed to speak with the person handling this and i was told to call back this week. I called yesterday. The rudist human being. and thats another thing except one nice person last week everyone i have spoken has been short extremely rude. I told the gentleman how nice it was to talk to someone willing to help and how rude other have beeb he laughed he knew. So yesterday i called it was right before closing i didnt know the office closed at 4.00 This person who refused to give me his name or let me speak to a supervisor. He kept saying over and over at least 20 times to me that he is looking on the treasury website and that my check was cashed and the signatures match. I quite politely at first told him how is that humanely possible when im in possesion of this check in my hand. He goes it has bank endorsement. I said listen to me if that check was cashed by the bank it would of been sent back to the treasury. That is not possible i have the check in my hand, I said you were not the one helping me treasury said it wasnt cashed obviously the helping me wouldnt be helping me get it replaced if it had been cashed. He kept repeating him self accusing me of lying saying he was looking at it signatures match its not possible he would stop finally i lost it and he hung up on me he wouldnt listen. He is the same person i have talked to with other issue and he does nothing he is so out of order and rude. So im going to try and call again tommorrow. This is out of line for both issues. I have done everything i can read for hours just call write make an appt. tried. the fact this case worker first of all never knew of this appt she omitted things to me. Remeber this is my first time dealing with SSI realizing this is an absolute nightmare. 20 different people telling you whatever they feel like thats why i did my home work and getting nowhere. 4 grand is owed me since june. when this all started its bad enough dealing with ssi 30 years of work and paying in saying i wasnt eligible due to how they compute it even that i did my homework i can prove i was disabled when i was in emergency hospital when it all startedand hasnt stopped since. i did my timeline and that 5 year end of insurable i was in that hospital right under the 5 year wire i dont even dare to go down that road yet i need to fix what im owed, going on 7 months. And how extremely rude of this case worker doing this while im on a busy highway with no where to pull over. and to not correct it soon as i called and havnt spoken to her since 27 calls. sorry this is so long again my next step is to go to consumer advocate on channel 4 and ask him to help me ive tried for 7 months and im a pretty savvly person taking care of issues. Ive gotten nowhere not by lack of trying i dont know what else to do. Its very disparaging to talk to rude very kurt people everyone telling you something different when i can read and what i was supposed to do ive done above and beyond. thank you any suggestions 2b1af7f3a8