Did you know that you could receive a parsonage allowance? A parsonage allowance is a tax-free housing allowance given to ministers, priests, and rabbis....
What is 'Paraplanning' A relatively new position within the financial planning industry that involves the performance of the administrative duties of a...
DefinitionAn income statement or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses...
What is 'Qualifying Investment' An investment purchased with pretax income. Money invested in a qualifying investment trust, annuity or plan is exempt...