When you take out a loan, or carry a balance on a credit card, the interest accrues constantly. However, if you make regular payments, this interest isn't compounded. For this reason, calculating the ...

Learn how accrued market discounts affect discount bonds, their tax implications, and how they differ from coupon bonds. Gain insights into investment growth and taxation.

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...