Finance

Includes latest finance related infographics along with short summary collected from the web.

Tax Deductions for Designers

As a freelance designer, there are several deductions you can claim to lower your taxes, such as: Subscriptions: Any designing software subscription you require, such as Adobe Creative Cloud, is deductible. Travel: You can deduct all your business travel expenses, including transportation, lodging, and meal expenses. Electricity & Rent: If you work from home, you can deduct a portion of …

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Contactless Limits Around the World

A map visualisation to the contactless card limits around the world. The UK has recently increased their limit to £100, which is now the highest in Europe, with other European countries who adopt the Euro have a limit of 50 euros (£42). Canada tops the contactless limit around the world with a limit of 250 CAD which is just below …

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Home Office Deductions for Performing Artists

The IRS permits dancers to write off certain expenditures. To deduct an expense, it must be directly related to your profession, and it must be ordinary and necessary in the eyes of the IRS. As a dancer or a performing artist, you are bound to require some space for teaching or practicing your routine. So, If you build a special …

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PFIC 101: Passive Foreign Income Companies Explained

If you have investments outside of the United States, you must understand the tax obligations involved with them. Whether you’re an expat, a foreign national living in the U.S., or a U.S. resident who has foreign investments, learning about Passive Foreign Investment Companies (PFIC) can help you make wiser investment decisions and save money. The Internal Revenue Service (IRS) taxes …

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MasterCard Success Story

MasterCard, as one of the top financial firms, connects issuers, consumers, governments, merchants worldwide. The company based out of New York, USA, offers experience in the cashless world, where users execute transactions with the right security and aligned processes. In the year 2020, the company had revenue of $15.3 billion, while in Q2 2021, it had around $4.39 billion. In …

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Investment Opportunities in The Philippines for Millennials

A lot has been said about the importance of having another source of income aside from your salary. Living from paycheck to paycheck is no longer ideal especially if you want to start saving for your future plans this early. Passive income is an advantage and a number of people chose to address the need for it through investments. By …

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A Complete Guide to Filing a Car Insurance Claim in the Philippines

Despite observing safety measures and precautions, it is still a possibility that accidents can happen unexpectedly. In accidents on the road, it would be helpful to have a car insurance that can provide financial assistance from possible road mishaps. However, it may not be easy to do so, but there is still a need to know what needs to be …

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How to Make the Most Out of Your Earnings Abroad

Working abroad is almost always an attractive prospect for someone. With an overseas job, you could get a better offer than what you currently have in your home country. There are also people who choose to accept job opportunities in a foreign land because they cannot find employment locally. Regardless of which situation applies to you, it highlights one important …

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What is Money? Its Evolution Over the Years

It’s hard to imagine one without money. Money is used daily to pay for goods and services, on both a small and large scale. From buying groceries and essentials to purchasing real estate and stock shares, money plays a key role in people’s lives. While economic transactions have been around for millennia, money in its current form was not. The …

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How People Ruin Their Car Insurance

Remaining uninsured when a car owner can get insured is a mistake since they continue to lack financial security should an accident happen. Not everyone who has a comprehensive car insurance policy is a role model, however, since several of them can still commit mistakes with their insurance policies. One common mistake insured individuals make is not paying their insurance …

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