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Tip of the Day

Tip of the Day Take A Deep Breath

Take A Deep Breath - After reading this if all you have done is follow five to seven of the tips offered you are now saving more money than you...

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Withholding

Definition: The amount withheld from a paycheck or investment account in order to pay a tax liability.

Advice: Federal and social security taxes are withheld from paychecks and placed into tax and loan accounts with banks.  This money is then paid to the government as part of your tax liability.  If you have a particularly large tax liability, you may be required to withhold a greater portion of your paycheck in order to ensure that your tax liability is met.

 

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Definition of the Day Backgrounder

Backgrounder - a backgrounder is a document which contains the history of company, or a specific product...  The information in the backgrounder contain financial information, lists key personnel, goods and service information, a mission statement , and the company’s objectives The backgrounder is usually brief, and is a basic summary...

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