Long-term debt refers to the duration of a liability/amount owed, and to qualify it must be due at least 12 months out.
The period is in reference to 12+ months from the date of the balance sheet. A company will typically take on long-term debt in the form of a mortgage for property owned, or as capital for growth raised through bond sales or other debentures.
Unlike 401(k)s, you are allowed to take money out of a 457 Plan before the age of 59½ without a 10% withdrawal penalty
Each person can contribute up to the annual gift tax exclusion amount, which in 2016 is $14,000 per beneficiary. 529 plan
Form 2106 is the long-form way to request deductions for unreimbursed business expenses incurred by the employee
The IRS has already paved the way for employers to pay wages using bitcoin and other cryptocurrencies
Initial Coin Offerings are ways for new cryptocurrency or other technology companies to raise capital and put their coins into circulation
The effective annual interest rate is the actual annual interest rate on a bond/loan when it compounds more than once/yr
Profit is a term that is synonymous with earnings and net income, it is basically what is left of revenue after expenses
Pegged currencies are not discussed often in the Forex market because their value is tied directly to the value of another
The single best control mechanism over the performance of your investments is maintenance an asset allocation strategy
While investing in commodities may significantly diversify your portfolio, it requires profound knowledge of the assets