ABUSIVE TAX SHELTER
A scheme in investment that claims to lessen the income tax without revising the value of a user's assets or income. Abusive tax shelters do not have any economic purpose other than reducing the state or federal owed when filing. Most of the time, these kind of schemes channel the funds through partnerships or trusts to avoid taxation.
POPULAR TERMS
University of Miami School of Business Administration
The University of Miami School of Business Administration is a distinguished school of business in Miami. The school offers undergraduate, graduate ...
Hedge Accounting
An accounting method in which entries for the ownership of a security and the opposing hedge are treated as one. This method attempts to diminish t ...
Commercial Blanket Bond
Liability coverage employers acquired to shield themselves against losses due to dishonest employees. It gives blanket coverage for all an employer ...
Maximum Loan Amount
The maximum amount that an individual can borrow. The lender set the maximum loan amount based on various factors such as the selected loan program ...
Retention Tax
A tax levied to an investor’s income that is earned on investments in a country that is not the investor’s home residence or country. R ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
An Introduction to Ethical Investing
Ethical investing is, simply put, investing while taking into consideration your personal beliefs or your ethics. Because it is personal, it means ...
