From the title, you can tell that worthless securities are just what they are: worthless, insignificant, and meaningless. These are securities with ZERO market value and may include...
Posted by Pat Raskob on 03/01/2021
There are two ways a business can make or lose money. You can profit from your sales activities or lose money by spending more than what you earn from sales. You can also earn or lose...
Posted by Dennis Jao on 09/18/2020
A cryptocurrency wave has led to the rise of Bitcoin to over $30,000 per coin, with everyone scrambling for their share of the digital currency. However, if you are interested in cryptocurrencies,...
Posted by Cypress Tax Solutions on 01/21/2021
Even after your retirement, whether it's likely to happen soon or several years from now, you may end up paying the IRS a substantial amount of tax. And what's more, those...
Posted by Advanced Accounting & Tax Planning on 09/30/2019
The process of growing your financial assets is called investing. Investing in assets that provide cash flow, rising prices, or both, are some various ways to do this. Keeping investment...
Posted by Flynn Financial Group Inc on 07/26/2019
The sale of a business involves the selling of separate assets. These assets are the property held by the company that is primarily used for investments and for the usual useful business...
Posted by J.R.'S TAX SERVICE on 04/03/2019
Capital gains are the other kind of earnings from standard pay on business benefits. Taxes are applicable when the asset of the business is sold. Capital assets are ordinarily part...
Posted by Key Tax & Financial Services, LLC on 02/27/2019
As the sole proprietor, you’re basically in charge of your business. While considering the tax code, you as well as your own business are just one single entity. And, it entails...
Posted by Niner's Accounting & Tax Services, LLC on 07/16/2018
Businesses are the main collection source for the government because each state imposes some taxes of every company. If a business is unprofitable, the rate of corporate income tax...
