science
What happened to the stock market in 1992?
On August 6, 1992, after the scam was exposed, the markets crashed by 72 percent leading to one of the biggest falls and a bearish phase that lasted for t...
Category: Science
science
What are profit goals?
Your profit goal is the amount of money you need to meet a number of predetermined commitments that are important to both you and to the future of your bu...
science
What does it mean to loan a stock?
What Is Loan Stock? Loan stock refers to shares of common or preferred stock that are used as collateral to secure a loan from another party. The loan ear...
science
Do I have to report my Canadian income on my US tax return?
All American citizens and green card holders are required to report their worldwide income, regardless of whether they live in the US or abroad, so Americ...
science
How long do you have to claim a prize?
In accordance with the Lotteries Act 1997 Section 129 (2b), prizes outside the seven year claim period cannot be paid. Lottery prizes must be claimed with...
science
Who comes first parents or spouse?
Luckily, you can keep your internal conflict to a minimum by putting your spouse first after you tie the knot. “By-and-large, barring a crisis, I would sa...
science
Do universities file Form 990?
Since the University of California is both an IRC Section 115 and IRC Section 501(c)(3) organization, by law, the University is not required to file Form ...
science
Is money in an LLC taxable?
All of the profits and losses of the LLC “pass through” the business to the LLC owners (called members), who report this information on their personal tax...
science
What is the meaning of General Anti-Avoidance Rule?
General Anti-avoidance Rule (GAAR) is a concept which generally empowers the Revenue Authority in a country to deny tax benefit of transactions or arrange...
science
Is sale of fixed assets a capital gain?
If the person sells a capital asset that forms part of the block of assets on which depreciation has been allowed as per the provisions of the Income Tax ...
science
How do insurance reimbursements work?
Healthcare providers are paid by insurance or government payers through a system of reimbursement. After you receive a medical service, your provider send...
science
Does the IRS have access to all bank accounts?
The Short Answer: Yes. The IRS probably already knows about many of your financial accounts, and the IRS can get information on how much is there. But, in...
science
Can an employer require tax returns?
As of January 1, 2018, all employers are required to electronically file employment tax returns, wage reports, and payroll tax reports. For more informati...
