by Leif Jensen | May 19, 2022 | Running a Business |
By Dr. Ray Benedetto, DM, LFACHE, Colonel, USAF, MSC (Ret), Co-founder of GuideStar, Inc. and Co-author of It’s My Company Too! How Entangled Companies Move Beyond Employee Engagement for Remarkable Results Recall from the last post, I stated that building trust is...
by Leif Jensen | May 18, 2022 | Investing, Money Management, Taxes |
If you don’t meet the definition of “Trader” in the eyes of the IRS, you are an “Investor”. Investors typically buy and sell securities and expect income from dividends, interest, or capital appreciation. They buy and sell these securities and hold them for personal...
by Leif Jensen | May 17, 2022 | Investing, Money Management, Taxes |
If you meet the definition of “Trader” by the IRS you can choose to use the mark-to-market rules, investors cannot. If a trader doesn’t make a valid mark-to-market election under section 475(f), then he or she must treat the gains and losses from sales of...
by Leif Jensen | May 16, 2022 | Investing, Money Management, Running a Business, Taxes |
Are you a “Trader” or an “Investor” in the eyes of the IRS? Special rules are in place if you’re a trader in securities, in the business of buying and selling securities for your own account. The law considers this to be a business, even though a trader...
by Leif Jensen | May 12, 2022 | Running a Business |
By Dr. Ray Benedetto, DM, LFACHE, Colonel, USAF, MSC (Ret), Co-founder of GuideStar, Inc. and Co-author of It’s My Company Too! How Entangled Companies Move Beyond Employee Engagement for Remarkable Results What’s next after you’ve got the right people on the bus who...