A type of fringe benefit offered to employees of a certain business is an employee stock purchase plan (ESPP). The business allows the employees’ option to purchase the company’s...
Traders can enjoy significant tax savings and here are some rules that the IRS checks before qualifying traders.Hours: It would help if you spent at least four hours per day trading...
What is Liquidation?Liquidating a business is the process by which business comes to an end and no longer exists. This can happen for several reasons and can be voluntary or involuntary....
The fact that looking for work takes a lot of work as well is not an easy thing to do. That’s why you need to make key financial moves related to the new job according to experts...
Posted by YourIRSTaxAdvocate.com on 01/19/2020
Trader tax status (TTS) comprises the cost of doing business treatment and opens an arrangement of essential tax benefits for eligible active traders. The initial step is to know if...
Posted by LLOYD J CAZES CPA on 10/23/2019
Are you aware that the IRS (Internal Revenue Service) encourages long-term investments? In particular, the capital gains tax that the IRS charges Americans for capital gains is significantly...
Posted by John Pournaras Agency on 09/26/2019
Dividends are a type of investment income that is stock generated, and also from mutual funds containing stocks. They stand as a taxable share of corporate profits that are paid out...
Posted by LLOYD J CAZES CPA on 07/25/2019
Taxpayers trading cryptocurrency may have forgotten about taxes after Bitcoin’s exciting coming-out party in 2017. However, for U.S tax purposes, almost every bitcoin or other...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/22/2019
If you received dividend income for 2015, you will need to report this income to the IRS and to the State of Maryland. Dividend income is divided into two categories by the IRS,...