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Tip of the Day Insure Yourself Against Financial Ruin

Insure Yourself Against Financial Ruin - One of the things most often left until last on the must have list is health insurance, which is exactly the wrong thing to...

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Non-Residential Alien Tax

Non-Residential Alien Tax – a non –resident alien tax is a government tax of a person, not of this country, income or assets. The non –resident alien tax is divided into two categories.  .effectively connected, and none effectively connected.  Effectively connected income is taxed at a graduated rate, just as resident US citizens are. Taxed.  None effectively connected income is taxed at a flat rate of 30 percent (or lower treaty rate), and the non residents are not allowed any deductions on none effectively connected income.  Non effectively connected is also known as “fixed determinable, annual or periodical (FDAP)

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Definition of the Day Phone Switching

Phone Switching This give investors the ability to transfer currency between various mutual funds, as long as those funds are part of the same family, on the telephone. This is much easier than heading down to the manger's office in order to get these results, as it can be done...

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