19 September 2011
A person moving to a new city in search of work or for starting a new job might be entitled for tax deduction for the moving expenses. The qualifying expenditures include expenses required for packing personal properties including household goods and shipping them, costs of traveling and accommodation expenses. The amount spent for meals is [...]
Posted in Tax0 Comments
05 September 2011
The New Alternative Transportation to Give Americans Solutions Act of 2011 or the NATGAS of 2011 is a bipartisan proposal that was released in Apr 2011. It is an amendment to the Internal Revenue Code that was introduced in 1986. The Act is meant to encourage job creation, investments in alternative energy, and all in [...]
Posted in News0 Comments
29 August 2011
You may definitely have heard of people talking about investing in index funds. Let us look deeper into the matter. Index funds are basically investment funds that are managed passively to replicate the holdings of an index, or a defined collection of securities. Index funds try and base themselves on various Indices and try and [...]
Posted in Investment0 Comments
22 August 2011
CRE or Commercial Real Estate will have several challenges to deal with in 2011. This includes the new regulations introduced by the Wall Street Reform and Protection Act. Also, the refinancing process could get affected by a new standard for accounting that is being considered currently. Along with higher rates of interests, these issues may [...]
Posted in Real Estate0 Comments
16 August 2011
In the European market, which is currently blighted by rumor-mongering and high borrowing costs, four countries have banned short selling financial stocks starting from Friday 11th Aug 2011. The ban was imposed by France, Belgium, Spain and Italy. The enforcement of the ban varies in detail according to country specific features. This was an attempt [...]
Posted in News0 Comments
08 August 2011
One of the most important factors in your investment education is how much you understand the analysis of risks and returns, and trade offs of risks and returns. Assuming rationality, an investor would wish for the best return possible for the level of uncertainty or risk that he willingly takes on. This results in a [...]
Posted in Investment0 Comments
02 August 2011
A number of investors have a tendency of confusing tax liens with tax deeds. They may have heard somewhere about liens being a great way to invest and getting property at cheap prices. Tax deeds and Tax Liens are two different things, and make sure you understand the difference between these. And no, buying a [...]
Posted in Investment0 Comments
28 July 2011
Under the Bankruptcy Code of the United States, there are two main ways in which one can file for personal bankruptcy, viz. Chapter 7 and Chapter 13 bankruptcy. Let us have a detailed look at and compare both these types and their advantages. CHAPTER 7 – Discharge Unsecured Debts VS CHAPTER 13 – Interest-Free Repayment [...]
Posted in Debt Management0 Comments
18 July 2011
Stock markets all over the world sputtered this Friday, as investors tended to implement a “wait and watch” policy. This was after a new warning on the debt crisis of the United States issued by S&P. Investors were unsure on how to weigh some positive indicators about the economy against the new warning against the [...]
Posted in Economy0 Comments
14 July 2011
Banks based in France such as Credit Agricole SA (ACA) and the BNP Paribas SA will be facing the greatest risk from Italy’s debt crisis. The debt crisis in the European Union has infected the largest borrower in Europe, namely, Italy. Italy has outstanding bonds as large as $ 2.23 trillion or (1.6 trillion euros, [...]
Posted in Economy0 Comments
12 July 2011
Even though there was a slight slowing down of the manufacturing sector of China in June, the trade gap of the export powerhouse country has been continuing its steady growth in the month. From a $ 13.05 billion trade surplus in the month of May, the June surplus for the country was recorded at a [...]
Posted in Economy0 Comments
11 July 2011
Apple (AAPL, Fortune 500) had filed a lawsuit in Mar against Amazon because of the company launching the ‘Appstore’, a market place for Android apps that launched in Amazon. Apple filed against the use of the term App store by Amazon (AMZN, Fortune 500), which it argues is an infringement of trademark that will not [...]
Posted in News0 Comments
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