Tag: taxes

What is a Charitable Remainder Trust A Charitable Remainder Trust, or CRT, is a type of trust that allows the settlor (the person establishing the...

What is a Canadian Royalty Trust (CANROY)? A Canadian Royalty Trust (CANROY) is a type of investment that allows investors to receive income from natural...

What is Cancellation of Debt (COD)? Cancellation of debt (COD) is the forgiveness of debt. This can occur when a lender agrees to cancel all...

DefinitionA capital gains tax is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was greater than...

DefinitionA capital gain refers to profit that results from a sale of a capital asset, such as stock, bond or real estate, where the...

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 a 'Sales Charge' A sales charge is a commission paid by an investor on his or her investment in a...

What is 'Quiet Filing' The name given to an IPO filing where important details are intentionally excluded. Sent to the SEC in...

When most people think about retirement planning, the first thing that comes to mind is saving for their golden years. But what about investing...

What is 'Qualified Widow Or Widower' The least common of the five types of tax filing status each taxpayer must select from...