A business operated by an individual owner is what we will call a sole proprietorship. And, for several reasons, the sole proprietor is unique:You can just get started if you want...
Posted by Debi G Hill, CPA on 12/28/2019
Mutual fund taxes generally include dividend and capital gains taxes, while the investor owns mutual fund shares and capital gains taxes when selling units of the mutual fund. The...
Posted by LLOYD J CAZES CPA on 11/25/2019
What are the 2 and 20 (hedge fund rate)?The global hedge fund industry has seen a downward trend in management and profitability over the last decade, challenging the traditional "2...
Posted by Advanced Accounting & Tax Planning on 11/25/2019
What is the harvesting of tax losses?The tax-loss harvesting can be said to be the act of selling a security that has experienced loss. By observing or "harvesting" a loss,...
Posted by John Pournaras Agency on 11/13/2019
Taxable income is the sum used in estimating the amount of tax a person or corporation owes to the government in a given fiscal year. Generally, it is described as a gross income or...
Posted by Advanced Accounting & Tax Planning on 11/05/2019
If you are a full-time Forex trader, there are several significant tax benefits for those who are not available to more informal market participants. The bad news is that it is quite...
Posted by John Pournaras Agency on 10/31/2019
As a homeowner, it's imperative to know and understand the taxes you can deduct from your taxes because they will help you reduce your taxable income and reduce your tax burden....
Posted by Flynn Financial Group Inc on 10/29/2019
The Tax Cuts and Job Act is the most crucial series of amendments to the US tax code in a few decades. The vast majority of the amendments will come into effect in the 2018 fiscal...
Posted by Flynn Financial Group Inc on 10/29/2019
People these days are trading the stock market in an ever-increasing number with the proliferation of online and discount brokerages. However, the many tax advantages and asset protection...
Posted by YourIRSTaxAdvocate.com on 10/29/2019
