A taxable estate is the assets from a deceased person that have been left behind and are subject to taxation. There are a lot of assets that can be considered a taxable estate. It isn’t just property that’s subject to taxation. Real estate that’s jointly owned with a spouse is subject to taxation after one…
Astoria Federal Savings is offering a nationally available 2.5% APY 30 month CD and a 1.5% APY 9 month certificate of deposit with a minimum deposit of just $500. This is also available as an IRA CD rate. You can open an account over the phone and they’ll hold the rate for 10 days while…
When someone opens a new checking account they usually get a free set of checks known as starter checks. They give out starter checks to both personal accounts and business accounts. Starter checks aren’t customized at all and only contain the customer’s account number and routing number, but not their personal information. Once you get…
Village Bank is offering a 2.07% APY 15 month CD, a 2.12% APY 18 month CD, and a 2.28% APY 2 year certificate of deposit all with only a $500 minimum deposit. You have to open an account in person so you’re going to have to live near Richmond, Virginia where its branches are located….
A wire transfer is the electronic transfer of money from one place to another. In a bank to bank transfer electronic balances are adjusted but to actual hard cash is exchanged. This is a very safe and secure method of transferring funds as you need to verify your personal information in order to complete a…
A merchant bank is a commercial bank that meets the banking needs of international finance. This is not the type of bank where customers open a savings of checking account or offers online banking. A merchant bank is known to be a wholesale banker because it deals with large financial institutions for the most part….
Community Bank of Broward is offering a 17 month 2.35% APY CD with a minimum deposit of $5,000 to Florida residents. You need to visit a branch to open an account and branches are located in Broward County, Florida. Community Bank of Broward has a 3 out of 5 star soundness rating and is FDIC…
Cash pooling is a financial strategy whereby a company maximizes its credit and debit positions. Cash pooling can also be used to reduce fees a company pays. Basically cash pooling makes the most out of the credit resources a company has available to it. There are a few ways in which a company can cash…
Barren money is cash that isn’t earning any interest and just about everyone has at least a little barren money. Everyone needs at least some barren money for spending. Most people that have a checking account don’t earn any interest on those funds. Some people do have interest checking accounts or reward accounts, but the…
As tax day approaches a lot of the tax services are going to be offering discounts in the next couple of months. Here’s one of them, Amazon is offering H&R Block At Home 2009 Deluxe Federal + State for only $25 (the regular price is $45). It comes with free shipping and can import data…