EBITDA: Meaning, Formula, and History.

EBITDA: Meaning, Formula, History. What does Ebita stand for? Ebita stands for “Earnings Before Interest, Taxes, and Amortization.” It is a measure of a company’s profitability that excludes interest, taxes, and amortization expenses. How is EBITDA calculated for small business? EBITDA is calculated by taking a company’s earnings before interest, taxes, depreciation, and amortization. This … Read more

Qualified Domestic Trust (QDOT).

A qualified domestic trust (QDOT) is a special type of trust that is used to hold assets for the benefit of a non-U.S. citizen spouse. The QDOT must meet certain requirements in order to qualify for certain tax benefits, such as the deferral of estate taxes. A QDOT can be used to hold any type … Read more

Bagel Land.

A bagel is a type of bread that is typically round with a hole in the center. Bagels are often boiled before they are baked, which gives them a chewy texture. They are often topped with sesame seeds, poppy seeds, or other toppings. Bagel Land is a term that is used to describe the stock … Read more

What Is a 408(k) Plan?

A 408(k) plan is a type of retirement savings plan that is sponsored by an employer. It is similar to a 401(k) plan, but there are some key differences. Contributions to a 408(k) plan are made pre-tax, which means that they are not subject to income taxes. This can help to reduce your overall tax … Read more

What is suspension of payments?

The concept of suspension of payments refers to the judicial situation in which a company or a professional declares his incapacity temporarily to face the payment of the debts contracted previously with the creditors. Characteristics of suspension of payments In a suspension of payments, the company has a significant amount of assets, but they are … Read more