Business & Finance

A:

A person can increase capital gains by selling particular assets at an amount greater than the purchase price, notes the Internal Revenue Service. These assets must be held for at least one year prior to being sold on the open market.

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    • What age do you have to be to work at Footlocker?

      Q: What age do you have to be to work at Footlocker?

      A: The minimum age required to work at Footlocker varies depending on the labor laws in each state, but in most jurisdictions, 18 is considered the legal working age.
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    • What does a scientist do?

      Q: What does a scientist do?

      A: Scientists are people who use research and experiments to learn more about the natural world. Scientists use scientific methods to derive knowledge systematically, performing repeatable experiments to ensure that their conclusions are valid and accurate. Scientists must not only be highly educated with regard to math and science, but they also must possess impeccable research skills. Additionally, scientists must be effective communicators and creative problem solvers.
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    • How can you show proof of income if you are self-employed?

      Q: How can you show proof of income if you are self-employed?

      A: Bankrate recommends that self-employed workers use tax returns and other verifiable documentation to show proof of income. Many freelance contractors and small business owners don't receive traditional pay stubs. In high-risk lending scenarios, such as mortgage financing, federal tax returns can offer an accurate breakdown of yearly income and help creditors determine an applicant's financial capacity to cover loan payments, according to The New York Times.
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    • Why is promotion important?

      Q: Why is promotion important?

      A: Promotion is important to help motivate employees and provide them with an incentive to keep working hard. Many employees are lured away from a company to a competitor by better opportunities, so firms need to offer promotional resources that enhance retention. Providing employees a future with a corporation is facilitated through promotion.
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    • What are the advantages and disadvantages of becoming a doctor?

      Q: What are the advantages and disadvantages of becoming a doctor?

      A: One of the primary benefits of becoming a doctor is high pay. While pay varies by the type of doctor, the U.S. Department of Labor reports that as of May 2013, the average annual pay is $183,940 for family and general practitioners. A primary drawback is the pressure to perform. MomMD notes that doctors spend heavily on malpractice insurance to protect against lawsuit risks from dissatisfied patients or family members.
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    • What is a diabetes specialist called?

      Q: What is a diabetes specialist called?

      A: Endocrinologists have special training in the treatment of diabetes, although their expertise is not limited to diabetes, but to the entire endocrine system. An endocrinologist specializes in hormone secretion and regulation, tissue function and hormone-controlled metabolic events such as sleep and stress.
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    • How do you recover money owed?

      Q: How do you recover money owed?

      A: Recovering money owed can involve making a reminder phone call to the debtor or obtaining a court judgment against the debtor; this judgment grants permission to place a lien against property or garnish wages. Other ways to recover money include engaging the services of a collection agency, using a mediator, offering a settlement agreement and sending a registered letter to remind the debtor of the money owed, according to ProfitGuide.com.
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    • What are some different types of payment terms?

      Q: What are some different types of payment terms?

      A: Different types of payment terms include cash in advance, deferred payment and cash on delivery, according to BusinessDictionary.com. These are conditions that allow the buyer to make payments on a specified date.
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    • What tools can I use when dealing with home loans?

      Q: What tools can I use when dealing with home loans?

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    • Can I give my house back to the bank?

      Q: Can I give my house back to the bank?

      A: According to the Federal Trade Commission, a person facing foreclosure can give his house back to the bank with a deed in lieu of foreclosure. In exchange for signing over the deed to the home, the bank forgives the debt owed on the home.
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    • How does a voluntary repo affect my credit?

      Q: How does a voluntary repo affect my credit?

      A: Submitting to voluntary repossession can reduce the amount of money that is ultimately charged to you and might therefore make restoring your credit a little easier. A voluntary repossession is much like an involuntary repossession in that the unpaid balance of the debt is still charged to you along with any costs associated with repossessing the property but, according to the Federal Trade Commission, it might be cheaper.
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    • What is the average monthly car payment?

      Q: What is the average monthly car payment?

      A: According to Experian Automotive, the average monthly car payment for a new car in late 2013 was $471. For consumers purchasing a used vehicle, the average monthly car payment for the same period was $352.
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