Glossary: Intangible Asset

By | February 17th, 2017|Categories: Glossary|Tags: , , , |

One way of looking at intangibles is, they are business assets that cannot be physically touched.

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Glossary: Balance Sheet

By | February 23rd, 2016|Categories: Glossary|Tags: , , , , |

A balance sheet is a summary of a business's assets, liabilities and equity.

Glossary: Capital Gain/Capital Loss

By | May 1st, 2015|Categories: Potpourri of Tax Topics|Tags: , , , , |

Glossary of tax terms: capital gain/capital loss

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Glossary of Tax Terms: Asset

By | May 16th, 2014|Categories: Glossary|Tags: , |

In the tax world, the term "asset" often comes up. An asset can refer to a broad variety of property. For a business, the term "asset" typically means something the business purchases that has a useful life of more than one year (equipment or land, for example). For individuals, an asset typically means things like houses [...]

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