TAX SHIELD
Reduction of an entity’s taxable income by claiming allowable deductions, which includes mortgage interest, charitable donations, amortization, medical expenses, and depreciation. It cuts down the amount of taxes owed within a specific year or delays income taxes in the future. It varies from one country to another while the benefits depend on the individual’s overall tax rate and income for the specified tax year.
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IRS Publication 555
A document, provided by the Internal Revenue Services (IRS), for married taxpayers who are domicile in a state supporting community property laws a ...
Building Society
Financial institution that provides banking, financial, and lending services to its members. Similar to a bank or credit union, these societies off ...
Null Hypothesis
A statistical hypothesis that proposes that no statistical significance exists in a set of given observations. It attempts to show that no variatio ...
Probate Court
The segment of the judicial system mainly charged with handling matters such as wills, estates, conservatorships and guardianships, as well as the ...
Eligible Contract Participant
Group or individual permitted to partake in financial transactions not open to retail customers. Those who seek to become eligible contract partici ...
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SEE FOREX TUTORIAL
Principles of Trading: Well Known Trading Instruments
Traders look at two primary factors when choosing the instruments they desire to trade: liquidity and volatility. Liquidity is the extent to which ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | Jul | |
| 10:30 | Sentix Investor Confidence | Aug | |
| 01:01 | BRC Retail Sales Monitor | Jul | |
| 03:30 | NAB Business Confidence | Jul | |
| 06:30 | RBA Interest Rate Decision | Aug | |
| 06:30 | RBA Monetary Policy Statement | ||
| 06:30 | RBA Monetary Policy Statement | ||
| 10:00 | Trade Balance | Jun | |
| 12:00 | NFIB Small Business Index | Jul |
