STANDARD DEDUCTION
Standard deduction is a method that may be used by taxpayers if the itemized deduction in the taxable income calculation is not used. In this method, the income’s base amount not subject to tax may be used to cut down the adjusted gross income (AGI) of the taxpayer. The standard deduction amount will depend on several factors involving the taxpayer such as filing status, the age, the disabilities, if there are any, the dependency on other taxpayer.
POPULAR TERMS
Free File Fillable Tax Forms
Electronic versions of tax forms, first posted by the IRS in 2009, to allow taxpayers, regardless of their income, to file their taxes online at no ...
Value Network
Value Network is a set of connections between individuals and/or organizations that interact with each other for the purpose of benefiting the whol ...
Grandfathered Activities
Nonbank or nonconforming activities, usually some are not prohibited for bank holding firms and international banks in the United States, but were ...
Universe Of Securities
The Universe Of Securities is a set of securities with a common feature. Examples of features that might be shared are market capitalization, indus ...
Erosion
Gradual diversion of money from lucrative segments or projects in a business to new areas and projects. Even though managers almost always take int ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
< ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | PPI | May | |
| 12:00 | Bundesbank Monthly Report | ||
| 18:45 | FOMC Member James Bullard Speaks | ||
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 02:00 | RBA Governor Philip Lowe Speaks | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | May | |
| 10:00 | Current Account (sa) | Apr | |
| 12:00 | CBI industrial order books balance | Jun |
