What Is Second Screen Advertising? Second screen advertising drives customers to their second screens (smartphones, tablets) to access more content with the goal of viewing more advertising. Second screen advertising builds on the growing trend of multi-tasking, which is often a blending of entertainment and shopping. The key for advertisers is to create mobile ads and ad
What Is a Second Surplus? A second surplus describes a reinsurance treaty that provides coverage above that of a first surplus reinsurance treaty. Insurers enter into surplus reinsurance treaties in order to transfer some of their own risk or liability to another party. Key Takeaways A second surplus is a reinsurance treaty that provides coverage
What Is Second-to-Die Insurance? Second-to-die insurance is a type of life insurance for two people (usually married) that provides benefits to the beneficiaries only after the last surviving person on the policy dies. Second-to-die insurance is often used for estate planning, generally to fund an irrevocable life insurance trust (ILIT), or to pass along death benefits to
What Is the SEC POS AM Filing? The SEC POS AM filing is submitted by companies that have filed a prospectus for registration with the U.S. Securities and Exchange Commission (SEC). It is a post-effective amendment to that registration statement that is not immediately effective upon filing. Key Takeaways The SEC POS AM filing allows
What Is an SEC RW Filing? An SEC RW filing is a formal request to withdraw a registration that has previously been filed with the SEC under the 1933 Securities Act. The SEC RW filing, in particular, is used by an issuer to request that a pending securities registration be removed from consideration before any
What Is SEC Schedule 13E-3? SEC Schedule 13E-3 is a form that a publicly-traded company or an affiliate must file with the Securities and Exchange Commission (SEC) when “going private”. Qualifying events for delisting shares from a securities exchange and filing Schedule 13E-3 may include a merger, tender offer, a sale of assets, or a
What Is Section 1031? Section 1031 is a provision of the Internal Revenue Code (IRC) that allows a business or the owners of investment property to defer federal taxes on some exchanges of real estate. The provision is used by investors who are selling one property and reinvesting the proceeds in one or more other
What is Section 1041? Section 1041 of the Internal Revenue Code that mandates that any transfer of property from one spouse to another is income tax-free. No deductible loss or taxable gain can be declared. This section applies to transfers during marriage as well as in the divorce process. Section 1041 was enacted in order
What Is Section 1202? Section 1202, also called the Small Business Stock Gains Exclusion, is a portion of the Internal Revenue Code (IRC) that allows capital gains from select small business stock to be excluded from federal tax. Section 1202 of the IRS Code only applies to qualified small business stock (QSBS) acquired after Sept. 27
What Is Section 1231 Gain? Section 1231 property is a type of property, defined by section 1231 of the U.S. Internal Revenue Code. Section 1231 property is real or depreciable business property held for more than one year. A section 1231 gain from the sale of a property is taxed at the lower capital gains tax rate versus
