Taxes

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  1. Should You File For Bankruptcy?

    Find out how to determine whether this option will help or hurt your financial situation.
  2. What is the history behind today's bankruptcy laws?

    Julius Caesar was emperor of Rome for a scant five months, but in that short time he changed the course of financial history. ...
  3. Changing The Face Of Bankruptcy

    A 2005 law attempts to unmask fraudulent debtors and still save those who are struggling. Will it affect you?
  4. As a temporary resident of the US, can I withdraw funds from my Traditional IRA without penalty when I leave the country?

    Should you decide to invest in a Traditional IRA and receive a tax deduction for your contribution, the amounts that you ...
  5. I will be receiving monies from a QDRO executed pursuant to my divorce. I would like to take a portion of the money as a distribution to pay for a new home. What are the tax implications of doing this?

    There are several issues to consider: The early distribution penalty - Assets distributed from a qualified plan in accordance ...
  6. Can I contribute to both a 529 plan and a Coverdell education savings account?

    You can contribute to both, and when your child is ready to attend college, as colleges do accept payments from both. There ...
  7. When am I considered "married" for tax purposes?

    You are generally considered married for tax purposes as long as you were married as of the last day of the year, regardless ...
  8. 9 Ways To Use A Tax Refund

    How do you plan to spend your refund this year? We provide some smart suggestions.
  9. Bankruptcy Risk

    The possibility that a company will be unable to meet its debt obligations. Bankruptcy risk describes the likelihood that ...
  10. Revenue Officer

    An individual who collects revenues such as taxes and duties on behalf of the government. A revenue officer is generally ...
  11. Principal Residence

    The primary location that a person inhabits. It doesn't matter whether it is a house, apartment, trailer or boat, as long ...
  12. Levy

    The legal seizure of property to satisfy a debt. In the U.S., the Internal Revenue Service (IRS) has the authority to levy ...
  13. Stock Savings Plan

    In Canada, a plan wherein certain provinces (such as Alberta, Ontario and Quebec) provide tax credits for provincial income ...
  14. Bankruptcy Financing

    Financing arranged by a company while under the chapter 11 bankruptcy process. Clearly, such financing is extremely high ...
  15. Chapter 13

    A U.S. bankruptcy proceeding in which the debtor undertakes a reorganization of his or her finances under the supervision ...
  16. Debt Fatigue

    When a debtor stops making payments on his or her debts and starts spending again after being overwhelmed by the amount of ...
  17. Additional Collateral

    Additional assets put up as collateral by a borrower against debt obligations. Additional collateral is used to lessen the ...
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Save Money
  1. 5 Ways To Make Your Home Remodels Pay Off

    Here are five ways to make your home renovation worth the money and effort you put into it.
  2. Differences Between Private Foundations And Public Charities

    Here's a look at the differences between these types of charitable organizations.
  3. How To Monetize Your YouTube Channel

    YouTube's Partner Program helps users earn money through their channels. Find out how.
  4. The World's Most Valuable Private Companies

    In spite of the rewards going public can bring, some companies prefer to remain private, and they are very successful in this.
  5. Is Cyber Monday The New Black Friday?

    Cyber Monday is becoming more popular than Black Friday. Here's why.
Hot Definitions
  1. Short Covering

    Short covering is buying back borrowed securities in order to close an open short position.
  2. Covariance

    A measure of the degree to which returns on two risky assets move in tandem. A positive covariance means that asset returns ...
  3. Liquid Asset

    An asset that can be converted into cash quickly and with minimal impact to the price received. Liquid assets are generally ...
  4. Nostro Account

    A bank account held in a foreign country by a domestic bank, denominated in the currency of that country. Nostro accounts ...
  5. Retirement Planning

    Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve ...
  6. Drawdown

    The peak-to-trough decline during a specific record period of an investment, fund or commodity. A drawdown is usually quoted ...
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