An arm’s-length transaction is a business deal, or transaction where the seller and buyer act independently of each other without influence on the other party. What sets these types of transactions apart is that there is no pressure from the other party and each party acts in their own self-in...

Period of time interest rates are guaranteed by lock-in-clause. The guarantee period of time is longer during stable economic periods with low rates of inflation....

Investments, usually in limited partnership, that can protect of defer shelter) part of the income from current taxes. Under current law, passive leases can be applied up to passive income. Typically, a large amount of capital along with a significant amount of debt is needed. Allowable deductions a...

Accrual or addition to life insurance benefits....