Tax avoidance is the legal utilization of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law. By contrast, tax evasion is the general term for efforts to not pay taxes by illegal means. The use of legal methods to modify an individual's financial situation in order to lower the amount of income tax owed. This is … [Read more...]
The International Monetary Fund (IMF): Brief Introduction
The International Monetary Fund (IMF) is an international organization that provides financial assistance and advice to member countries.The International Monetary Fund (IMF) is the international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rate and the … [Read more...]
How to Invest in FADS?
Investing In Fads Over the period of time, there have been a number of fads that could have made small investors large amounts of money. Trends tend to persist over the long term and are generally based on fundamentals.Although fads are often confused with trends, they are actually quite distinct Fads, on the other hand, are generally marked by temporary and excessive … [Read more...]
The U.S Tax Withholding System
Understanding The U.S. Tax Withholding System As we all know that Income taxes aren't always withheld from people's paychecks. In fact, income tax withholding is a relatively recent development. Tax withholding first occurred in 1862 under Abraham Lincoln for the purpose of helping to finance the Civil War. The federal government also implemented a plethora of excise … [Read more...]
Is The Risk-Free Rate Of Return , Actually Risk Free?
The risk-free interest rate is the theoretical rate of return of an investment with zero risk, including default risk. The risk-free rate represents the interest an investor would expect from an absolutely risk-free investment over a given period of time. The risk-free rate of return is one of the most basic components of modern finance and many of its most famous theories - … [Read more...]