SHORT TAX YEAR
Short Tax Year is a tax year that may be a fiscal or calendar whose length is less than one year and only applies to businesses. Individuals are mandated to pay taxes using the calendar year. Short tax years happen in two situation. First, the start of business is changed and second, the accounting method is changed.
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Auction
A system wherein potential buyers put competitive bids on services and assets. The service or asset in question will sell to the party who have the ...
SFAS
Statement of Financial Accounting Standards (SFAS) is a Financial Accounting Standards Board (FASB) issued document. The SFAS consists of informati ...
Enterprise-Value-to-Sales - EV/Sales
Valuation measure comparing the firm’s value and its sales. It helps investors in getting an idea of how much it would cost to purchase the c ...
Licensing Fee
Payment given to a government agency by a person or business, for the privilege of performing certain services or engaging in some line of ...
Hiccup
A term used to describe a short-term disruption within a longer-term goal, plan, or trend. A hiccup may be used to describe the business acti ...
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In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
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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 ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | Unemployment Rate | 1 quarter | |
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 04:05 | RBA Assistant Governor Christopher Kent Speaks | ||
| 08:00 | GfK Consumer Climate | Apr | |
| 09:00 | CPI | Apr | |
| 09:00 | GDP | 1 quarter | |
| 10:00 | Private Sector Credit | Mar | |
| 10:00 | M3 Money Supply | Mar |
