Equity or equities: Shorthand for a share (or shares) of stock or other securities Shareholder equity: The portion of value that shareholders own of a given company; also measured on the balance sheet by how much they would receive if the company were to pay all of its debts and distribute all of its assets Private equity: An asset derived from the value in an alternative structure of ownership for private companies...
According to the Consumer Financial Protection Bureau, financial freedom and well-being can further be defined through these four elements: Having control over your day-to-day, and month-to-month financesHaving the ability to absorb financial shockBeing on track to meet your financial goalsMaking the choices that enable you to best enjoy life. Suppose you need to incur and save $72,000 a year to fund your dream lifestyle of living in a city and traveling around the world part-time....
When Congress passed the Affordable Care Act (ACA) in 2010, health insurance coverage was mandated for all Americans. As a result, state-based American Health Benefit Exchanges were established for Americans to purchase subsidized health insurance plans. The ACA also included an individual mandate, which fined taxpayers who failed to purchase insurance. Form 1095-A was introduced so taxpayers could provide proof of coverage and claim tax credits. Congress repealed the individual mandate (effective 2019), but marketplace providers still furnish insured individuals with Form 1095-A....
How to Calculate GDP The components of GDP include personal consumption expenditures (C), business investments (I), government spending (G), exports (X), and imports (M). GDP is equal to C + I + G + (X - M). Types of GDP Measurements There are many different ways to measure a country’s GDP, so it’s important to know all the different types and how they are used. A country’s nominal GDP is the raw measurement that includes price increases....
How Investor Relations Works Companies typically develop an IR team prior to an initial public offering (IPO). A primary role of an IR representative is to address investor concerns, from the IPO through the various stages of a company’s growth, to help build the company’s image and maximize its share price. IR responsibilities include: Represent the company at investor presentations and meetings, as well as with mediaProvide information on company performance in a timely fashionProvide non-financial information that addresses investor questions regarding corporate governance and overall missionProvide regular reporting to the board of directorsCommunicate investor concerns to company executivesProvide a fair business valuation for the companyCollect, report, and address questions and feedback from investorsInstill and inspire investor confidence in the long-term future of the company despite any negative news that might occur...
In conjunction with state unemployment systems, the Federal Unemployment Tax Act (FUTA) provides benefits to people who have lost their jobs through no fault of their own. The law allows the government to tax employers based on employee wages so as to provide for these benefits, and it requires that employers make FUTA tax payments and report those payments on Form 940. Who Uses Form 940? Your business must file Form 940 if you paid wages of $1,500 or more to employees in a calendar quarter of the year as of 2020 or 2021....
Open Interest Defined Open interest is typically shown along with the current price (bid, ask, and last) and volume when viewing an option or futures quote. The volume shows the total number of contracts traded for the period. Volume is also a strong indicator to show how actively a market is traded. However, it doesn’t say as much about whether a future or option is trending toward buying or selling....
The percentage change could be, for example, the year-to-date (YTD) percentage change, the change since the trader started the position, or the change so far in the trading day. Let’s take a look at an example of how percentage change can be used when looking at Netflix. Say Netflix closed at $603.35 one session and by 3 p.m. the next trading day, was trading at $636.47, up $33.12. Through virtually any trading platform, an investor could see at a glance that Netflix shares were up 5....
One good example of a secured loan is getting a loan to buy a car for business use. The loan is a business loan, not a personal one, and the interest on the loan is deductible as a business expense. Because of the mobile nature of personal property, and because personal property decreases in value over time, it is more difficult for a creditor to use personal property to secure a loan....
Typically, the statute of limitations usually begins the moment you miss a payment on a debt. And if you make a partial payment, even in collections, the statute of limitations restarts. For example, in Delaware, an old medical bill you failed to repay has a statute of limitation of three years. Often, a creditor may try to contact you toward the end of the statute of limitations about the old debt....
The schedule can seem challenging at first glance, but each line is clearly labeled and defined. In this guide, you’ll learn to better understand the rules behind each line and your deductible expenses. Certain expenses that many taxpayers pay are tax-deductible, and if you claim them, your income will be reduced and you will pay taxes on less money. If you choose to itemize your deductions, you will need to use the tax form Schedule A....
What Is an SEC Form D? SEC Form D is the form used by companies to notify the SEC that they have made an offering of securities but that they haven’t registered these securities with the SEC. This exemption from offering securities without registering them is covered in SEC Regulation D (Reg D), a section of the Securities Act of 1933. SEC regulations, as noted above, are established to protect investors against fraudulent securities offerings....
You’ll need to have an SR22 form from your insurance company if your license has been suspended or revoked and your privileges have been reinstated. If your insurance undergoes any significant changes or cancellations, your insurance carrier will notify the state. You may need to keep an SR22 for a set period, such as three years. The length of time depends upon the laws in your state and the agency or court that determined your need for it....
If you sell an investment for a loss, you can use your losses to reduce your capital gains on profitable investments. Tax selling is a strategy that investors use to minimize their taxes by selling some stocks at a loss to offset capital gains. It is also referred to as tax-loss harvesting or tax-loss selling. Any profit made in short-term gains is taxed as regular income in ordinary income-brackets, which are as high as 37%....
For example, if you’re traveling and rent a car to help you see the sights, you can receive a credit in your account for the cost of the rental if you have enough reward miles. How the Capital One Purchase Eraser Works “Purchase Eraser” is a fancy way of saying that you can cash in any reward miles you have earned on a qualifying Capital One credit card for a travel purchase charged to the card, thus clearing the charge (or a partial charge) as though you never incurred it....
In general, the IEP begins three months before you turn age 65 and lasts for the three months after the month in which you turn 65. During this time, you can sign up for Medicare Parts A and B. If you miss this window, you may be able to enroll during the general enrollment period. Part A and Part B Coverage Part A coverage provides hospital insurance. It includes skilled nursing facility care, inpatient hospital stays, hospice, and some home health care....
The U.S. Bureau of Labor Statistics has a specific definition of “unemployed” for determining this percentage: You must be older than age 16 and available to work full-time during the past four weeks to be counted as unemployed. You must have actively looked for work during that same time period. The only exception is being temporarily laid off and waiting to be called back to a specific job. For example, the unemployment rate was 14% to 24....
Alternate name: liability insurance How Third-Party Auto Insurance Works Third-party liability insurance is simple to understand once you grasp what the third party represents. When you refer to yourself, you’re said to speak in the first person. Likewise, for car insurance, the person or organization purchasing car insurance coverage is the first party. The company you buy insurance from is the second party. If you’re liable in an accident, you might hurt another person or damage their property, and that’s the third party in this situation....
The specific credit score ranges can vary depending on the lender. One lender may consider tier-one credit for consumers with credit scores above 730, while another may use 720 as the cutoff. Alternate Names: Tier A+ How Does Tier-One Credit Work? Tier-one credit is largely based on credit score, but other financial factors such as income, debt, and assets influence a tier rating. Generally, consumers with excellent credit fall into tier one because they have a lower risk of defaulting on a loan....
Friday’s monthly employment report from the Bureau of Labor Statistics included major upward revisions to data from previous months, so the gain—while much bigger than expected—was the smallest since September, using the new figures. Still, almost every industry was hiring, with even the pandemic-vulnerable restaurant sector adding 108,000 jobs on a seasonally-adjusted basis. A slight uptick in the unemployment rate, which rose from 3.9% to 4%, wasn’t unwelcome news either, since it reflected more people actively looking for work, economists said....
