Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
More
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Play the IRA Game Smart

Play the IRA Game Smart - When planning for your retirement it is always wise to do it in the right order so that you have the plan with the...

read entire tip

Related Podcasts
Recently Added
Other Great Sites
 

Tax Deduction

Definition: Allowably tax deductions reduce the tax liability for an individual or business.

Advice: Here's an example of how a tax deduction works:

Sally is a teacher who made $45,000 last year.  She incurred $250 in expenses to stock her classroom and this is an allowable deduction.  When deducted from her income, her new taxable income is $44,750.  Deducting this $250 saved her $62.50 in taxes ($250 * 25%).

 

 

Discuss It!
Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Moving Average

Definition: In technical analysis, this shows the average value of a company's stock price over a given period of time (50, 100, or 200 days). TeenAnalyst Advice: In technical analysis, investors usually look at the moving...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com