What is IRS Publication 908 IRS Publication 908 is a document published by the Internal Revenue Service (IRS) that provides information on how federal income tax should be treated in the case of bankruptcy. IRS Publication 908 does not cover bankruptcy laws in detail, and is designed to give basic information. BREAKING DOWN IRS Publication 908 The bankruptcy laws are …
Read More »IRS Publication 501 Definition
What Is IRS Publication 501? IRS Publication 501 is published by the Internal Revenue Service (IRS) that covers tax exemptions and the amount of the standard deduction. This informational document also explains who must file a tax return and what filing status should be used, as well as information on dependents and how to account for them when filing a …
Read More »Non-Resident Entertainers’ Tax
WHAT IS THE Non-Resident Entertainers’ Tax Non-resident entertainers’ tax is a state tax levied against performers whose legal residence is outside of the state where the performance is given. BREAKING DOWN Non-Resident Entertainers’ Tax Non-resident entertainers’ tax is a type of state tax that requires a certain percentage of any gross earnings from a performance be withheld for the state the …
Read More »Look-Ahead Bias Definition
What Is the Look-Ahead Bias? Look-ahead bias occurs by using information or data in a study or simulation that would not have been known or available during the period being analyzed. This can lead to inaccurate results in the study or simulation. More importantly, a look-ahead bias can unintentionally sway simulation results closer into line with the desired outcome of …
Read More »Foreign Bank Branch Definition
What Is a Foreign Bank Branch? A foreign bank branch is a type of foreign bank that is obligated to follow the regulations of both the home and host countries. Because the foreign bank branch has loan limits based on the total bank capital, they can provide more loans than subsidiary banks. That is because the foreign bank branch, while …
Read More »Top 12 songs that have become fashionable again thanks to series, thanks Netflix for the works
1. “Running Up That Hill” de Kate Bush avec Stranger Things You must have heard this song somewhere after the release of Season 4 of Stranger Things in the summer of 2022. It was everywhere (and it was borderline unbearable): on the radio, at the supermarket, in the evening, in the toilets of restaurants… It must be said that the …
Read More »Taxes on Physical Gold and Silver Investments
Many investors prefer to own physical gold and silver instead of exchange-traded funds (ETFs) that invest in these precious metals. While the tax implications of owning and selling ETFs are very straightforward, not many people fully understand the tax implications of owning and selling physical bullion. Below is a description of how these investments are taxed, as well as their …
Read More »Top 10 things that went wrong and that’s good, failures that feel good
As a person I just made up said, “Success in life is good, but sometimes failing when you had a shitty idea at the start is not bad either”. It’s a real life lesson that happens to be verified when we take a look at all those things that almost changed our existence in the wrong direction but which, fortunately, …
Read More »Top 10 of the worst things found in suitcases, be careful your suitcase has just mewed
It’s always a bit annoying to lose a suitcase or a travel bag during your vacation, especially when it’s the fault of the company you’re traveling with. But it can also become a strange surprise for the teams who have to deal with these famous lost packages, because sometimes you can find really strange things in suitcases and you will …
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