INCOME TAX
Tax imposed by governments on financial income earned by all firms within their jurisdiction. By law, individuals and businesses must file an income tax return every year to find out whether they can receive a tax refund or owe any taxes. Income tax is one of the main source of funds the government uses to finance its activities or projects and serve the public.
POPULAR TERMS
Big Bath
Manipulating a company's income statement to make poor results more poor. It is often implemented in a bad year. New CEOs use the big bath so t ...
Non-Compete Agreement
An agreement between an employer and employee, where the employee agrees not to use information learned during employment in succeeding business ef ...
Private Brand
A brand placed on products that a large manufacturer has created for smaller retailers. Small retailers place their own private brand label on the ...
Baccalaureate Bond
It is a zero-coupon bond that is issued by some states in order to help families in saving for tuition in college by addition of other tax benefits ...
Value Engineering
Value Engineering is a systematic and organized approach of providing the necessary functions in a certain project for the lowest cost possible.
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
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 ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | May | |
| 03:30 | PPI | May | |
| 05:03 | Trade Balance | May | |
| 07:00 | Economy Watchers Survey | May | |
| 16:00 | Wholesale Inventories | Apr | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
