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Tip of the Day Bunch your Deductions into One Year

Bunch your Deductions into One Year - Every year it gets harder to do your taxes and receive a return, but part of good planning is to make sure that...

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Keogh Plan

Definition: A retirement plan set up by a self-employed individual for himself and his employees (if applicable).  The money grows tax-deferred.

TeenAnalyst Advice: Keogh plans are like 401(k) plans for self-employed people.  They give the person a tax benefit for saving for their retirement.

 

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Definition of the Day Majority Shareholder

Majority Shareholder - Majority Shareholder is a shareholder who is part of a group that controls more than half the outstanding shares of a corporation. A single shareholder who controls more than half a corporation's outstanding shares, or sometimes, one of a small group of shareholders who collectively control more...

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