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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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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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Daily Definition

Definition of the Day Primary Instrument

Primary Instrument This is similar to a financial instrument, except for its value does not come from another instrument, but rather directly from the market. For example, a cash instrument is a primary instrument, since it is able to be transferred at all times. In addition, things like monetary loans...

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