Browsing: Education/Learning
Fiat vs. Representative Money: An Overview Fiat money is physical money—paper or coins—while representative money is a check or other…
If an Employee Is Paid by Commission, Who Is Responsible for Withholding Taxes?
Education/Learning
4 Mins Read
Most individuals who work a job receive a salary and benefits, such as healthcare and retirement accounts, such as 401(k)…
The proper role of government in a capitalist economic system has been hotly debated for centuries. Unlike socialism, communism, or…
Avoid the Social Security Tax Trap
Education/Learning
7 Mins Read
Taxable Social Security Income Filing Status Income Percentage of Social Security That Is Taxable Single, Head of Household, Qualifying Widower,…
A monopoly exists when only one company can supply an essential product or service in a given region because of…
Status Standard Deduction Increase Personal Exemption Decrease Tax Break Before TCJA Tax Break in 2024 Single (no children) $6,350 to…
Does Crypto Pass the Howey Test?
Education/Learning
14 Mins Read
The Howey test derives its name from a landmark U.S. Supreme Court case in 1946, SEC v. W.J. Howey Co.,…
Money is any item or medium of exchange that is accepted by people for the payment of goods and services,…
People tend to be in a lower tax bracket when they are younger than when they are in retirement, which…
If you’re married, you can file a joint tax return with your spouse or file separate returns. If your incomes…