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politics

Can a small business be AC Corp?

With the lower corporate tax rate and IRC 1202, the C Corporation can now be extremely advantageous for the following scenario: you launch a business, exp...

Jan 16, 2026 0 Views
politics

Can day traders contribute to 401k?

Generally, the best retirement plan for business traders is a defined-contribution Solo 401(k). The plan is only allowed if you achieve Trader in Securiti...

Jan 16, 2026 0 Views
politics

Is GLD taxed at 28%?

For these purposes, gains recognized by an individual upon the sale of GLD shares held for more than one year, or attributable to the Trust’s sale of any ...

Jan 16, 2026 0 Views
politics

Is there a limit on passive losses?

Under the passive activity rules you can deduct up to $25,000 in passive losses against your ordinary income (W-2 wages) if your modified adjusted gross i...

Jan 16, 2026 0 Views
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