Income earned by taxpayers living in a community property state. The income is considered to belong equally to each spouse like all other property owned or purchased during the marriage by either spouse.
Currency which can be easily and readily bought or sold for another currency without government restrictions. Also known as hard currency.
Nominal Interest Rate
The interest rate before taking inflation into account. The nominal interest rate is the rate quoted in loan and deposit agreements. The equation t ...
Automated Clearing House - ACH
A fund transfer system that deals with direct deposit, payroll, consumer bills, tax refunds, and many more payment services.
Flipping refers to a real estate investment strategy where investors buy properties and then sell them for a profit.
Tax-liability rule stating a portion of the death benefit is considered an ordinary income and subject to taxation if a life insurance policy is so ...
Stock Options: Reporting and Taxation
A stock option pertains to a contract between two parties where the owner (buyer) obtains the right, not the obligation, to buy or sell 100 shares ...
Relationship of Social Security and Jobs
It is probably everyone’s dream to retire early and spend their golden years bonding with their loved ones and themselves. However, given the ...
When To Approach Your Boss For a Raise
In requesting for a hike in your compensation, timing is crucial so as not to end up being dismissed by your employer. Aside from this, you must al ...
Debunking Recession Investing Myths
It is difficult to prevail ‒ or scale back losses at the very least ‒ when recession strikes. Not to mention the emergence of different myths about ...
Why Are Millennials Overly Worried About Retirement?
Although often dubbed as lazy and immature, today’s generation are highly aware of the global financial state and are more than ready for it ...
SEE FOREX TUTORIAL
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 ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
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