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IRS Publication 463

A document that gives details on what business expenses are deductible, procedure for reporting expenses on the return, records needed to prove expenses, and treatment of any expense reimbursements a business may receive. Deduc ...

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Building Wealth
Building Wealth
Assimilating an Emerging Market Economy
What is an emerging market economy (EME)? The term, coined by World Bank’s Antoine W. Van Agtmael in 1981, pertains to economies with low to middle per capita income. Such economies are moving away from its conventional economies to become advanced.
Finance for Individuals
Finance for Individuals
Significance of Face-to-Face Meetings in Digital World
Since its inception, technology has assumed a vital role in our daily life. Same thing with the financial industry. Such advancements have made it easier for financial advisors to interact with cli ents through portals or reminders.
Financial Literacy
Financial Literacy
What it Takes to be an Investment Analyst
What does it take to be an investment analyst? Let’s enumerate the ways. Education An investment analyst should hold a bachelor’s degree that focuse s on accounting, economics, finance, as well as other subjects related to analytical and quantitative skills such as engineering, mathematics, physics, or statistics.
Money Smart
Money Smart
Retirement Without Savings – Is It Possible?
Retirement signals the end of earning a steady income. That is why financial advisers urge people to create their emergency fund. Unfortunately, a Bankrate study discovered more than one third of w orking-age adults do not stow away any money for retirement.
Taxation in Finance
Taxation in Finance
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
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