ESTATE TAX
Tax levied on an heir’s inherited part of an estate if the value exceeds the exclusion limit set by the law. This is mostly imposed on assets given to inheritors but is not applicable to the transfer of assets to a surviving spouse. The right of spouses to leave any amount to one another is called the unlimited marital deduction.
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Automated Customer Account Transfer Service - ACATS
A system that facilitates the transfer of securities from one trading account to another at a different brokerage firm or bank. The National Securi ...
Default Risk
The event in which companies or individuals will be unable to make the required payments on their debt obligations. Lenders and investors are expos ...
Offshore
Offshore is a term used when a company is located outside of one’s national boundaries. The term is used to describe corporations, investment ...
SEC Form 10-KT
SEC Form 10-KT is a filing which is submitted in lieu of or in addition to a standard 10-K annual report under the Securities and Exchange Commissi ...
Activity Cost Pool
In terms of managerial accounting, it is a set of cost gained when certain operations occur within the organization. By taking into account all of ...
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SEE FOREX TUTORIAL
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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05:35 | 30-Year JGB Auction | May | |
08:00 | Claimant Count Change | Apr |