CTC Understanding CTC is crucial for employees to gauge their true earning potential and value to the company. I compared my CTC with industry standards to assess my market worth. 9 ECTC ECTC serves as a starting point for salary negotiations between a candidate and an employer. I used the ...
Student loan interest deduction Taxable qualified retirement plan distributions Examples of situations not included in a simple Form 1040 return: Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductio...
Salary is paid when there exists an employment contract between the parties, i.e. there must be an employer and employee relationship. Conversely, the stipend is paid when a person joins the organization as a trainee, the relationship between the supervisor and the trainee is of mentor and stu...