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There was a time when bonds were the primary means of financing and raising capital. Bond markets date back to ancient times; farmers in Mesopotamia would issue bonds to give merchants an opportunity to...

Misconceptions about family trusts are often propagated by certain films that play on cable television networks such as A&E, Lifetime Movies and the Hallmark Channel. In many films centered on the scandals of wealthy...

During the second year of his term, United States President Donald Trump was expected to receive $400,000 as his annual salary along with an extra $50,000 for personal expenses. In 1789, the first President...

If you aren't participating in some type of strategy to minimize the amount of taxes that you pay each year, you could be missing out. The Internal Revenue Service allows you to deduct certain...

The banking industry is one that has a hard time letting go of old terminology, especially when new terminology has been created in its place. A good example is the demand deposit account(DDA). The...

Whether you owe federal taxes or not, the IRS requires that every American taxpayer file a federal income tax return every year. If you have missed one or more years of tax returns, then...

When a bad accident or natural disaster takes place, you may suffer what insurance companies call a "total loss." A total loss occurs when the thing that is insured cannot be fixed. The entire...

In the days before electronic banking, the easiest way to transfer money from one bank to another would be to withdraw the money and then deposit it into the other bank account. But in...

If you do not have a checking account, then you can use money orders to mail out bill payments or for payment gifts. A money order is something you can buy at a bank,...

Having a smartphone in today's society allows you to easily communicate with friends, play games, watch a movie or participate in social media. It's almost imperative that you own one of these devices, but,...