IRA or Individual Retirement Accounts in the United States are a form of retirement plan for individuals provided through financial institutions, that have tax advantages, as specified by US IRS.…
Capital Gain refers to the gain or profit made by selling a capital asset at a higher price than the cost. A capital asset can be shares, immovable assets such…
In USA, rental income from property is calculated by deducting all expenses related to the rental such as advertisement, travel, commissions, management fees, repairs and maintenance, utilities, taxes, insurance and…