Sorry, I missed the "per month." Obviously IMG Direct and US Treasuries pay closer to 5% per year... I should be realtively impossible to make...
5% is good. To make 5% put cash into ING Direct and it is fairly secure. Or buy US Treasuries. You'd need maybe $1,000,000 capital and the 5%...
Reading between the lines here, I'm guessing that the reason you don't walk into the bank and open the account for your NV corporation yourself is...
This sounds more like a new partner who is putting in his share of the efforts. The capital is equal equity, the 10% sounds like it is to...
No, it would not and is not a tax loophole. A loophole is an anomaly or fluke (intended or unintended) in the law that legally allows the...
First to fix my earlier typo - The bigger "problem" for many folks is finding a retirement administrator (e.g. the IRA administrator) who will...
Generally if a hedge fund is open to accepting investments of "pension money" they'll also be happy to accept money from P/S plans, IRAs,...
Thanks for helping me start the day with a smile!
Are we missing something here? Allegedly the question explicitly asked "how much distance the bird travels after an hour," yet simple reading of...
Gainskeeper is an excellet tool. BUT if you just "put the net proceeds on my Schedule D net of Sc D" then you may need a CPA or EA now to smooth...
Exactly. The monthly brokerage report MIGHT be requested so have them ready! Since this is now in the hands of an agent with a taxpayer (no...
st, reading between the lines here, perhaps you did not yet prepare a Sch D format trade matching report that has total sales that equal or exceed...
st, Virtually ANY tax practice professional can handle this easy situation. To get to the point you mention above it usually is the case that the...
What do you want it to be? It can depend on what you want, what you are trading and what the prop firm will actually do, whether or not they know...
IRS/SEC is not challenging prop traders as a legitimate industry se (and there's no worsening of further mottled of the tax law, IMO). The...
Since many prop set-ups are not tax friendly (why should they be, when the goal is trading and fees?) a prop trader might not even be allowed any...
You may have gotten that belief listening to the hordes of refinace mortgage brokers out there. It's a shame when taxpayers get their tax...
Mortgage interest generally is not deductible against employee income (assuming USA resident taxes). Primary residence mortagage interest is an...
M2M has little or nothing to do with holding overnight, other than you are more likely to have wash sales problems, which is a problem that M2M...
Beach Man you are thinking for the unique rules of a mutual fund that must distribute its earnings each year in order to maintain its tax-free...
Separate names with a comma.