DEFICIENCY
It is the difference between the amount of tax that a taxpayer reports on a tax return and the amount the IRS determines is actually owed. It applies to shortfalls and not to surpluses. Taxpayers are notified of deficiencies via deficiency letters. A notice of deficiency does not automatically equate to an audit or disciplinary action, but it should be taken seriously.
POPULAR TERMS
Collusion
Non-competitive secret agreement taking place between two or more entities. They seek to disrupt the market’s equilibrium by changing the pri ...
Trade Credit
Agreement in which a client can defer the payment for products and/or services acquired from a supplier. Upon the delivery of the goods, the trade ...
Secondary Stock
Secondary Stocks are those stocks which are perceived as those that carry higher risks compared to blue chips due to the small market capitalizatio ...
Maturity Date
Date on which the principal amount of a acceptance bond, draft, note, or other debt instrument is due for settlement and to be repaid to the invest ...
Group of 30 - G30
Consultative group comprised of academics and financiers that aims to facilitate understanding of financial and economic matters in private and pub ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
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 ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Mar | |
| 11:00 | Industrial Production | Feb | |
| 14:30 | Manufacturing Shipments | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Retail Sales | Mar | |
| 14:30 | NY Fed Empire State manufacturing index | Apr | |
| 16:00 | Business Inventories | Feb | |
| 16:00 | NAHB Housing Market Index | Apr | |
| 04:00 | Real GDP | 1 quarter |
