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What is Pink Tax?
Taxes

What is Pink Tax?

Gender disparity researchers often refer to the so-called ‘pink tax,’ the price difference in which items and services promoted to women cost more than the same or very identical ones sold to males. About five years ago, when it looked at 794 items offered in New York City for customers of each age, New York …

Benefits of Offshore Bank Accounts
Banking

Benefits of Offshore Bank Accounts

An efficient vehicle for easing your offshore business is the Offshore bank account. This article explains 8 of the perks that you won’t discover in the domestic banking system from offshore bank accounting. Not only is it a strong method of security and convenience for offshore enterprises to benefit individual account owners. Why should you …

What is the Internal Revenue Service (IRS)?
Taxes

What is the Internal Revenue Service (IRS)?

The Internal Revenue Service (IRS) is an agency of the United States which collects taxes and enforces tax laws (such as the wash sale rule). Established in 1862 by President Abraham Lincoln, the agency is governed by the United States Treasury and primarily covers the collection of income taxes and employment. The IRS also deals …

What Is a Primary Market?
Stock Market

What Is a Primary Market?

A primary market is a place where new securities are created. It’s where corporations, governments, and other organizations go to get debt- or equity-based funding, and it’s usually on an exchange. Investment banks’ underwriting departments serve to promote primary markets by establishing a starting price range for an asset and managing its sale to investors. …

The Top 5 Stock Market Myths
Stock Market

The Top 5 Stock Market Myths

Many individuals are unsure whether or not to invest in stocks. Before making an investment decision, it is critical to have a thorough grasp of stocks and trading, rather than simply adopting prevalent beliefs. Here are five of them, along with the reality behind them. Key Points Investing is not the same as gambling since …