The most common mistake made by authors of technical definitions is to believe they must contain explanations. Of course they ...

Capitalized Equipment is defined as tangible, non-consumable property that has a unit acquisition cost equal to or greater than $5,000, an estimated life of greater than one year, and is not ...

On May 9, 2014, the Internal Revenue Service and U.S. Department of the Treasury issued proposed regulations (the Proposed Regulations) under Section 856 of the Internal Revenue Code (the Code) to ...

In a time of great uncertainty, it is a relief to be sure about one thing: the meaning of “real” — at least as it applies to commercial real estate transactions. What qualifies as real property, ...

Hurricanes aren’t the only storms to roll off the west coast of Africa and travel across the Atlantic Ocean. Saharan dust storms — massive clouds of wind-blown sand and silt from the surface of the ...

In addition to paying sales tax on the things you buy, you may also be required to pay taxes on its perceived fair market value later on. These personal and business taxes are assessed on certain ...

A prime number is a natural number greater than 1 that has exactly two distinct factors, 1 and the number itself. So, if p is a prime number then its only factors will be 1 and p itself. 4: It can be ...

When you purchase a home or piece of property, the tax you pay annually to local government for municipal services such as police and fire protection is often, fittingly, called property tax. Property ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...