American Association Of Insurance Services (AAIS)

What is the American Association of Insurance Services (AAIS) The American Association of Insurance Services (AAIS) was founded in 1936 and develops insurance policy forms and loss assessment information that property and damage insurance companies use. AAIS provides information to more than 700 insurance companies of all sizes that helps them develop policies, actuarial analysis, automation, regulatory formalities and professional …

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Enrolled Agent (EA) Definition

What is a registered agent? An Enrolled Agent (EA) is a tax practitioner licensed by the United States government to represent taxpayers in tax matters. Tax Service (IRS). EAs must pass an exam or have sufficient experience as an IRS employee and pass a background check. Enrolled agents first appeared in 1884 due to problems with Civil War casualty claims. …

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Netflix Earnings: What Happened With NFLX

Key points to remember EPS was $1.19 versus $1.37 expected by analysts. Global paid streaming subscriptions exceeded expectations. The turnover corresponds to expectations. Netflix said it was “very close” to having sustainably positive free cash flow and was considering buyouts. What happened After a major disappointment last quarter, Netflix reported higher-than-expected subscriber growth on January 19, 2021. Its stock rose …

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Studying For The CFP Exam

The Certified Financial Planner The designation is widely regarded as the definitive mark of competence among investors and finance professionals. Individuals seeking the CFP designation can gain professional skills through the program, while the prestige that comes with holding the designation can also increase an individual’s personal business. (This is especially true for those who wish to provide financial advice …

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Rollover Credit Definition

What is a revolving credit? A rollover credit is a net interest payment received by a forex trader who holds a long position in a currency pair overnight when the long currency pays a higher interest rate than the short currency in the pair. A night shift in FX is the one that does not close on the same day …

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What Costs Qualify as Moving Expenses?

What are moving costs? Moving expenses, in the Internal Revenue Service, are the costs incurred by a taxpayer related to relocating for a new job or transferring to a new location. The Tax Cuts and Jobs Act of 2017 (TCJA) eliminated the moving expense deduction for tax years 2018 through 2025, except for active-duty military members moving pursuant to a …

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Crypto Firm Grayscale Reports Record AUM for 2020

Skyrocketing Bitcoin (BTCUSD) prices coupled with greater institutional interest in cryptocurrencies propelled crypto investment firm Grayscale to its best year of 2020. The New York-based firm witnessed “unprecedented investor demand” and its assets under management (AUM) increased more than 10-fold to $20.2 billion last year, according to a recent report on digital asset investment. The last quarter of 2020 was …

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Has Inflation Peaked?

This week, investors will know whether or not inflation peaked. Wednesday, the Bureau of Labor Statistics (BLS) releases his Consumer Price Index (CPI) for July. Economists are predicting an 8.7% year-over-year rise from a 9.1% jump in June. On a monthly basis, the CPI is expected to rise 0.2% in July after jumping 1.3% in June, marking the biggest monthly …

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Trade Price Response Definition and Example

What is trade price response? Trade price response is a trade entry or exit technique based on what the price of a security does after reaching a key price level. The key price levels are usually the resistance and Support areas identified by the trader. Once the security has reacted to the level, the positive or negative reaction of the …

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