Tax Refund Advance: Advantages & Disadvantages
You file your taxes, and suddenly you’re stuck in the ultimate waiting game with the IRS. That’s why you see so many flashy ads for a tax refund advance online the second tax season rolls around. Essentially, a tax refund advance, a tax refund anticipation loan, is just a shortcut to your own money. It […]
Dividend Payout: What Is a Nominee Distribution?
Dividends are one of the best reasons to hold shares, they represent a direct slice of a company’s profits paid out to you, the shareholder. But if you’ve ever checked your brokerage statements or tax forms, you’ve probably seen confusing terms like “nominee distribution” or wondered about “ordinary dividends received as a nominee.” These concepts […]