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Tip of the Day Put At Least 20% Down On A Home

Put At Least 20% Down On A Home - Your home is most likely the biggest purchase you will make in your lifetime, so when planning for the big day,...

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Alternative Minimum Tax (AMT)

Definition: The alternative minimum tax (AMT) is an initiative that adds certain tax preference items back into a person or company's adjusted gross income (AGI).

Advice: The IRS imposes an alternative minimum tax in order to ensure that wealthy individuals don't escape paying taxes by using tax shelters and other measures.

 

 

 

 

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Definition of the Day Law of One Price

Law of One Price - The law of one price relates to the theory that any commodity, asset or security will have the same price in more than one exchange. Should the price differ in anyway, then by what are called arbitrage opportunities an equality will be achieved. Essentially the...

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