Earlier this year, the IRS released some new guidance on the business excise tax, an important but often confusing tax. Click through for an overview, to make sure your business is meeting its obligations.The IRS explains that the excise tax is an indirect tax on specific goods, services and activities. The federal government typically imposes […]
Can playing games really improve your workplace? Indeed, this is true. Gamification has been shown to improve employee engagement, heighten motivation and expand retention. Click through to learn how to implement gamification within your company.According to trustworthy, game-related news source Newzoo, it is anticipated that the video game industry will reach $200 billion this year. […]
This offbeat metaphor refers to a brief uptick in an investment during a long downward spiral. But colorful image aside, what does it mean for investors? Click through for an exploration of this term to help you understand market movements.Has anybody actually ever seen a real dead cat bouncing after the animal has been dropped […]
Recent law changes impose limits on the amounts that homeowners who itemize deductions on Form 1040’s Schedule A are able to deduct for interest payments on mortgages for their personal residences. Click through to make sure you follow the correct regulations.What are the rules that apply to deductions for interest payments on mortgages? They can […]
Industries that pay their employees the minimum tend to have high turnover. There’s a reason for that! Higher wages pay off in the long run. Read through to see why it’s a good idea to pay more than the minimum wage.Enacted in 1938, the Fair Labor Standards Act governs the federal minimum wage, among other […]
Most people enjoy gambling more than calculating probabilities. They would rather spin a wheel or pull a lever than juggle statistical estimates. Click through for a wake-up call on this to make sure your sunset years are comfortable.To start with, successful investing means a reliance on a mix of mathematical applications and other factors, like […]
A qualified personal residence trust or QPRT allows you to remove your home from your estate to reduce your gift tax. Do you need one, and if so, how can it work for you? Click through for the intricacies of this form of trust.If you think you may face a gift tax issue, you may […]
At first glance it seems obvious what the difference is between a hobby and a business. But the IRS draws a heavy line between them. Click through for insights into IRS regulations to help you learn when your hobby becomes a profit-making entity.Is your hobby a business? It matters to the IRS. The agency says […]
The yield curve, a graphic depiction of interest rate paths, can be hard to understand and interpret, and yet it remains a bellwether for investors. Click through for a brief overview of what it means, to help you take charge of your investment strategy.A yield curve shows a snapshot relationship between yield to maturity and […]
Summary: Residential solar power has come a long way. What do you need to know as people turn to more renewable energy sources? Could it be a solution for your home—and is there a tax break? Click through to learn more about solar power in your home. For a long time, residential solar power was cost […]