Blog Posts

In the United Sates, IRS form 4797 is used to report the sale of business property. This includes buildings, machinery, equipment, cars, and trucks. The form is also used to report the sale of intangible assets, such as patents and copyrights. If you sell business property, you may need to file Form 4797. This form […]

In this article, we cover the best entry-level finance jobs available. A career in finance can seem overwhelming at first due to the competition, but finance consistently has relatively low unemployment rates and there is always demand for a variety of finance roles. It can be a steady, high-paying career. Many entry-level finance jobs may […]

1099-INT is a form used to report interest income. This form is used by banks and other financial institutions to report the interest earned on deposits and other investments. It does not include dividend income. 1099-INT forms are typically sent out by January 31st of each year. If you didn’t receive a 1099-INT form for […]

Convertible bond arbitrage is an investment strategy that seeks to take advantage of price discrepancies between convertible bonds and their underlying stocks. How Convertible Bond Arbitrage Works Convertible bond arbitrageurs look for pairs of convertible bonds and stocks that are trading at a discount or premium, and then buy the convertible bond and sell the […]

In this article, we consider various unusual investments and uncommon hedge fund strategies beyond standard investments in stocks, bonds, commodities, currencies, and the like. Trading and investing, in the end, is simply a just-make-money game that doesn’t have to stick with only conventional approaches and strategies. Stock and bond investments are largely combed over by […]

Section 179 of the US internal revenue code allows taxpayers to deduct the cost of certain property as an expense when the property is placed in service. For tax years beginning after 2017, the TCJA increased the maximum Section 179 expense deduction from $500,000 to $1 million. The phase-out limit increased from $2 million to $2.5 […]

Form 8606 is used to report nondeductible contributions to an Individual Retirement Account (IRA) or if you’re engaging in a “backdoor Roth” strategy. This form is filed with the IRS and is also used to keep track of your basis in a traditional IRA, Roth IRA, or SEP-IRA. If you have ever made any nondeductible […]

A Schedule D is a form used to report capital gains and losses incurred during the year. This form is filed with your annual tax return. The Schedule D is provided by the IRS and attached to US Individual Income Tax Return Form 1040. Capital gains are profits realized from the sale of assets such as […]

HODL typically refers to holding onto your bitcoin or cryptocurrency rather than selling it. The term was first coined on a Bitcointalk forum in 2013 by a user who goes by the name GameKyuubi. It was first used as HODLING, which was an inadvertent misspelling of “HOLDING”. It has also commonly come to stand for […]

Over time, real returns (i.e., inflation-adjusted returns) are what matter for your portfolio, not nominal returns. The wealth that we have is not how much money we have. It’s the buying power of that money. For example, if the inflation rate is 5 percent and an asset you hold simply stayed steady all things considered, […]