Tax-loss harvesting is a strategic technique that savvy investors use to minimize their tax liabilities while optimizing their investment portfolios. By deliberately selling investments...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/31/2023
One good thing about trading is that all you have to do to become a trader is get started. Many people trade as a hobby, while others trade full-time for a living, and some traders...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/16/2022
Companies can take different approaches to maximize profits or minimize losses in a competitive market depending on organizational strengths. While product differentiation and low...
Posted by Pat Raskob on 09/10/2021
The IRS permits the use of per diem rates (which means "for each day" or "daily rate" in Latin) to facilitate reimbursement for employers and employees. Per-diem...
A financial advisor is a professional with the acumen for developing, implementing, and maintaining finances. These professionals are best in making decisions concerning money, such...
Posted by CORE PERFORMANCE on 06/10/2022
What is an Accounting Method?An accounting method refers to the rules that a business follows when reporting income and expenses. The two main accounting methods are accrual accounting...
Each year, there is a change in corporate governance standards to evolve, with the rapidly changing corporate landscape and keeping pace with changing investor priorities.Board members...
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 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