Archive for the 'Banks' Category


How Rich is Congress?

Author: Mark Montoya
December 15, 2012

Though they make up less than five percent of the roughly $4 trillion federal budget, the salaries and health and retirement benefits for members of Congress and other government employees have become a target of many of those looking to slash government costs. Read the rest of this entry »


November 27, 2012

With environmental sustainability being the mantra of the age, a lot of effort is being put on the preservation of the environment. Global leaders have all tried hard to make the world a better place to live in and green accounting or environmental accounting, as it is popularly called, is a foster child of this very effort.

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The 1099K is one of the most contentious tax forms in recent memory. We’ve done what we can to demystify it for the tax-paying public, but there are still lingering questions. Read the rest of this entry »


Gold – What IS it good for?

Author: Mark Montoya
September 8, 2012

I like expensive things. Who doesn’t? However, when it comes to gold, why does it cost so darn much? Read the rest of this entry »


Money For those Emergency Times

Author: Mark Montoya
January 6, 2012

It is often said that you will not get into financial difficulty if you plan the use of your money wisely and save as much as you can whenever possible. There is also the popular belief that a person can do a lot to reduce expenses greatly. If you follow financial and money-saving advice religiously, you wouldn’t have to worry about coming up short from time to time and needing to borrow money. Read the rest of this entry »


May 16, 2011

Corporations figure their tax under the regular system, which taxes corporate profits at a top rate of 35 percent. Then they figure it under the AMT system, which tosses out some deductions allowed under the regular system, and taxes the resulting profit at 20 percent. The corporation then pays whichever tax is higher. Read the rest of this entry »