In the U.S., taxes are collected by the federal, state, and local governments. By the law, every working individual is required to file tax returns
401(a) Vs. 401(k)
401(a) and 401(k) are types of retirement plans under the respective sections of the Internal Revenue Code (IRC). The 401(a) vs. 401(k) comparison is
What is Check Kiting?
Check kiting involves transferring funds between two accounts before either of the checks can be cleared. The Buzzle write-up below explains what
Tender Offer: An Introduction to its Meaning With Examples
A tender offer is a proposal made to the current stockholders of a company, to sell their stocks, either by the management or by any other party. The
Here’s an Extensive Summary of 1933 Emergency Banking Act
During the Great Depression, when the economic structure of the U.S. was in total chaos, President Franklin Roosevelt introduced a series of
How to Become Independently Wealthy
Being independently wealthy roughly indicates that you are financially self-sufficient and not dependent on anyone. This certainly is an enviable
The Major Difference Between Scarcity and Shortage in Economics
In economics, 'scarcity' and 'shortage' have different meanings. Almost all resources are scarce, since man does not have the ability to create
What is Meant by Debt Yield?
Debt yield is a term, or ratio to be more precise, used in the commercial property market. The lenders are bidding farewell to the traditional debt
The Purpose of Form 4972 and Instructions to Fill It
Form 4972 is an IRS form with stipulated terms and conditions that is filled out to reduce the taxes that may be incurred on huge distribution