Available in most communities are Volunteer Income Tax Assistance (VITA) sites to help with tax return preparation. People volunteer their time to help their neighbors. The service is free to those wi [..]

Generally, a participant must be 21 years old and have been a full-time employee for one year to receive benefits from an employer-sponsored retirement plan.

A book of final entry containing all the accounts of a business or all the accounts of a particular type. Some examples are general ledgers and accounts receivable ledgers.

A bond that makes no periodic interest payments, but sells at a deep discount from its face value. At the maturity date, the investor receives the face value of the bond plus the interest that has acc [..]

The total return on a long-term interest-bearing investment, such as a bond, that is held until its maturity date.

The total return on a long-term interest-bearing investment, such as a bond, that is held until its maturity date.

The total return on a long-term interest-bearing investment, such as a bond, that is held until its maturity date.

An investment's annual gain or loss. Yield is generally expressed as a percentage.

To transfer an item that was an asset to an expense account. For example, to transfer an uncollectable account receivable to bad debts expense.

Money that ensures a business's ability to operate on a daily basis.