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Tip of the Day Buy A Used Car

Buy A Used Car - Next to a home, the most expensive purchase you are likely to make is a car. When looking to buy a car it is...

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Sole Proprietorship

Definition: A business structure in which a single person owns and operates the entire business.

TeenAnalyst Advice: Sole proprietorships are really easy to get started but they don't offer lots of flexibility.  It's hard to take on investors and not easy to hire employees.

Sole proprietorships are taxed on the individual's income tax return.

 

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Definition of the Day Income Trust

Income Trust - It is a type of investment trust, which may have holds in the income-producing assets or replacing it in investment. The income that is produced may be passed on to investors or corporations or the unit holder. Example are of the income trusts are the real estate...

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