SECA TAX
Self Employed Contributions Act Tax (SECA Tax) is a tax required to be paid by self-employed business owners with their net earnings as the basis of the tax. The Self Employed Contributions Act Tax (SECA Tax) was imposed by the SEC Act 1954. SECA Tax is very similar to Federal Insurance Contributions Act Tax (FICA Tax) which is required to be paid by employees. The tax usually goes toward funding Social Security, Medicare programs, and Old Age Survivors and Disability Insurance (OASDI).
POPULAR TERMS
Exchange Rate
Price of a country’s currency relative to another currency. It has two components: domestic currency and foreign currency. It can be quoted e ...
Welfare Loss of Taxation
Welfare Loss of Taxation refers to a declined economic well-being due to the imposition of tax.
University of Connecticut School of Business
The University of Connecticut School of Business is a renowned school of business in Connecticut. The school offers undergraduate, graduate, and do ...
Sir John Templeton
Sir John Templeton is the founder of the Templeton Growth Fund which was one of the first mutual funds to accept global investing and is known to m ...
Overreaction
A market theory that states that investors and traders react excessively to new information about a given security. This will cause the price of th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Mar | |
| 02:30 | Westpac Consumer Sentiment | May | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 05:00 | Credit Card Spending | Apr | |
| 08:00 | PPI | Apr | |
| 10:00 | Current Account (sa) | Mar | |
| 11:00 | Current Account (sa) | Mar | |
| 12:00 | CBI industrial order books balance | May | |
| 14:30 | Consumer Price Index | Apr |
