The IRS recognizes a personal service corporation as a taxable business entity. To qualify, the corporation must adhere to specific requirements. Requirements for a Personal Service Corporation Personal service corporations go through a “testing period” in which the principal activity must be performing personal services. Usually, the previous tax year is the testing period for […]
Where Will Amazon Move its New Headquarters (HQ2)?
In September, Amazon announced plans to create a second headquarters, to be located outside the Seattle region which hosts the current headquarters. The Amazon site states that the company is looking for a locale with strong local talent and “ . . . a stable and business-friendly environment to continue hiring and innovating on behalf […]
Planning For That Special Day
Wedding are one of the most beautiful and looked forward to occasions that we experience. There are many examples of the classic wedding, with the big white dress and the beautiful bridesmaids, the delicious cake, the perfect band, the list goes on and on all the way down to the napkins you chose. We put […]
Why Does Taxation Differ Between An LLC And An S-Corp?
There can be a lot of questions when you are trying to determine the differences between an LLC and an S-Corp. Each one has its benefits, but you will want to make sure to find what works best for your business. Make sure to review your options, and it will make the process of starting […]
Momentum Day Trading Strategies: Entry Strategy
In today’s blog post we are going to focus on developing an entry strategy into your day trading toolbox. A good entry strategy is important because when and where you enter on a stock can have a huge influence on your bottom line. As you have probably already figured out by now, some securities are […]
Is CFD Trading the Right Style of Trading For You?
Whats Does CFD Trading Involve? CFD, or Cost for Differance, is a type of trading that involves predicting the behaviour of a base asset over a specific time frame. It’s a derivative trading that enables the trader to gain potential profit through speculation, allowing you to open a contract for difference in price of an […]