Now on Connect

Most Recent

What is an Itemized Deduction?

An itemized deduction is an incurred expense which reduces an individual's taxable income, in accordance with IRS regulations. Itemized... Read Now

What is a Joint Account?

A joint account is any account owned by two or more people.   See Also: Your DIY Financial Planning Guide 10 Questions to Ask a Financial... Read Now

What is a Liability?

A liability is a legally-binding obligation to settle or pay back a debt. In the case of a company, a liability is recorded on its... Read Now

What is Liquid?

Liquid is a way to descibe an asset that can be converted into cash quickly with minimal impact to the price received. Liquid assets are... Read Now