ASSESSABLE PROFIT
It is the income that is taxable after deducting allowable deductions in accounting. It is used in tax law in order to determine a person’s income that can be taxed based on the losses or gains of his or her funds that fall under his or her investment accounts that are taxable. It is the net of items including charitable donations, depreciation, and the investment account’s expenses.
POPULAR TERMS
McMansion
A slang term that denotes a huge and luxurious house that is generic in style and represents a good value in terms of its size for the home buyer. ...
Financial Institutions Reform, Recovery And Enforcement Act - FIRREA
A law passed to make sure that real estate appraisals are performed up to standard. This includes regulation on the competency of the appraisers, s ...
Double-Cycle Billing
Method of computing interest payments used by creditors, normally credit card companies, over given billing period. It accounts not only the averag ...
Succession Planning
Process of determining and developing potential successors for key leadership role in a company to ensure the entity continues to operate smoothly ...
Passive Activity Loss Rules
This set of rules prohibits the use of passive losses offset ordinary or earned income. These rules prevent the investors from using losses incurre ...
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SEE FOREX TUTORIAL
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
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 ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | Bundesbank Monthly Report | ||
| 16:00 | New Home Sales | Sep | |
| 17:30 | SNB Chairman Thomas Jordan Speaks | ||
| 23:45 | Trade Balance | Sep | |
| 04:30 | RBA Deputy Governor Guy Debelle Speaks |
