What does "proceeds" mean in business math, when working in Simple Interest? What is a standard deduction and what is it based on? Describe the advantages of using a value-added tax instead of a sales tax. What is meant by the statement that depreciation provides a tax shield? Explain ho...
When placing a port request, you're asked to choose a target porting date and time. Choosing a target date doesn't mean that the port happens on that date - the port only occurs on the target date if the losing service provider provides approval to allow your numbers to be ported away...
Filing a composite tax return is an optional election for both the entity and the eligible owners. That means if Mr. Jones and Mr. Smith both are eligible owners, Mr. Jones can elect to have a composite return filed on his behalf even if Mr. Smith declines. An eligible owner is one w...
Chu says Georgetown is also need-blind for international students, but the university does not guarantee to meet an international student's full financial need if accepted. Here are answers to common questions prospective international students may have. What Is the Difference Between Ne...
The floor makes sure that no matter how badly the index does in a particular year, you will never suffer a negative return. In other words, even if the S&P dropped 50% your account balance would not show a loss. Your cost for this protection is that the insurance company only passes ...
What is a progressive tax structure and the economic rationale for it? Explain the tax-deferred income for reducing current taxes. What does "Income taxed at source" mean? What is the rationale behind having an Alternative Minimum Tax? What is the difference between capital and revenue...
1: Age based on your nearest birthday. 2: Age based on your last birthday. 3: Age interpolated to the nearest day. For example, you'll see that New York Life has the number "3" footnote after its name. This means NYL does not adjust your age necessarily on your b-day, it actually...
Admissions officers aren't "necessarily going to make a decision based on them." Next:Test-Optional Schools 8/13 Credit Test-Optional Schools Is it better to submit test scores to a test-optional school? More than 900 schools are test optional or test flexible or de-emphasize the use of ...
A company’s per diem rate is often the same as that set by the GSA. This is because a higher company per diem rate would require the employee to pay tax on the amount that exceeds the government rate (unless they return it to the company). Per diems can be an efficient and effectiv...
Married or not, if the death of one adult might mean that the other could no longer afford loan payments, upkeep, and taxes on the property, life insurance may be a good idea. One example would be an engaged couple who take out a joint mortgage to buy their first house. Seniors who ...