Corporate Inversion Definition
What Is a Company Inversion? A company inversion—additionally referred to as a tax inversion—is a course of by which corporations,…
How to Save for a Car
With new automobiles costing over $47,000 on common and used ones averaging over $28,000, only a few folks can merely…
Civil Rights Act of 1964
What Is the Civil Rights Act of 1964? The Civil Rights Act of 1964 was landmark laws that addressed the…
Reloadable Debit Cards: How They Work
Reloadable debit playing cards mean you can add cash to your card’s stability periodically, which you then can spend as…
Chicken Tax Definition
What Is the Rooster Tax? The Rooster Tax is a 25% tariff on mild vans imported to the U.S., imposed…
LIBOR Alternatives
The London Interbank Supplied Charge, higher often known as LIBOR, was as soon as crucial benchmark rate of interest for…
Government Accounting Standards Board (GASB) Definition
What Is the Authorities Accounting Requirements Board (GASB)? The Authorities Accounting Requirements Board (GASB) is a non-public non-governmental group that…
What Is Depreciable Property?
What Is Depreciable Property? Depreciable property is any asset that’s eligible for tax and accounting functions to e book depreciation…
Ordinary Loss Definition
What Is an Strange Loss? An abnormal loss is loss realized by a taxpayer when bills exceed revenues in regular…