Posted on 10 October 2009
1244 stock is referred to as a classification on investments used when filing a capital loss on personal taxes with the Internal Revenue Service (IRS). Usually, there is a limit of $3,000 US Dollars (USD) on losses that can be counted against personal income. Individuals are able to write off up to…
Tags: 1244 stock, capital loss on personal taxes, I.R.S., Internal Revenue Service, IRS section 1244, property exchange
Posted on 10 October 2009
The bank CD, or certificate of deposit, is a simple but useful means of creating financial security for the future. Being a money market instrument, the rate of interest that is earned on a bank CD is based on current money market rates. The bank certificate of deposit is…
Tags: bank CD, Certificate of Deposit, financial security, interest-bearing period, investor, maturity date, savings account
Posted on 02 October 2009
A credit card has been launched by the Internet giant amazon.co.uk. A nine-month interest-free period for purchases and 0% on balance transfers for…
Tags: amazon.co.uk, APR, Credit Card News, Credit Cards, interest-free period, monthly interest rates
Posted on 01 October 2009
For the past five weeks average credit card interest rates on purchases has remained flat. For all fixed-rate cards the mean APR stood at 12.34%, and the average variable rate held to…
Tags: APR, average credit card interest rates, average fixed-rate, CARD Act, Federal Reserve Board, standard-variable rates, unfair credit card practices