- Day Trader Rules and Tax Treatment
- Day trading is neither illegal nor unethical, but it can be highly risky. Most individual investors do not have the wealth, time, or temperament to make money or sustain the losses that day trading can bring. Day trading in securities is governed by the Securities and Exchange Commission (SEC) Regulation T. Different rules apply for day traders for tax purposes than for SEC governance.
- Tax Relief for Victims of 2020 Natural Disasters
- Most of us will always remember the year 2020, as much as we may like to forget it. On top of the COVID-19 emergency, street protests (both peaceful and not), and hotly contested election races, the U.S. has had numerous natural disasters – hurricanes, an unprecedented number of wildfires, severe windstorms, flooding, and what seems like everything except a plague of locusts (so far, the gigantic swarms of the insects that have invaded Africa and the Middle East haven’t made it across the Atlantic).
- Video: Biden's COVID Relief & Tax Plan
- This is an abbreviated summary of President Biden's COVID Relief & Tax Plan aiming to assist people with financial hardships during the pandemic.
- Buckle Up for 2021: 4 Compliance Trends to Watch
- Businesses must understand the compliance trends with the potential to shape 2021.
- Tax Time is Around the Corner! Are You Ready?
- Tax time is just around the corner, and if you are like most taxpayers, you are probably facing the ominous chore of compiling records in preparation for your tax appointment—whether in person, by videoconference or telephone. The difficulty of this task depends upon how well you maintained your tax records throughout the year.