Search results for mortgage

January 28, 2020

What is 1040 IRS Form

This is one of the official documents used by U.S. taxpayers to file their annual income tax returns. The form is divided into sections. There is a section to report income and another to report deduc...

January 29, 2020

What is the Form 1040-A used for?

Although the Internal Revenue Service might be known for its stern, it does not mean they don't always do their best to make the process of filing tax a very easy one. IRS has consistently come up wit...

November 18, 2019

Definition of CARRY in Finance

The carry of any asset is the cost or benefit of owning that asset. For example oil would have a negative carry as it requires storage, but a bond would have a positive carry as it pays inte...

November 18, 2019

Definition of Commercial Bank

A commercial bank is one which operates the more traditional model of banking. Some of the roles of a commercial bank are:Provide a savings account for customers to safely store their moneyO...