Home     Forum     401k     401k Rollovers     Crypto Forum
    Register   Login   Members   Search   FAQs     Recent Posts    



Is there any benifit in opening a corp for stocks?

Reply to topic
Money Talk > Taxes

Author Thread
genjix
Member


Cash: $ 3.40

Posts: 15
Joined: 12 Jan 2011

Is there any benifit in opening a corp for stocks?  Reply with quote  

I do short term trades (etrade). Hold stocks for around 3 days and sell. Is there any benifit if I did this under a corporation? Like business expenses or any tax write offs? or if I paid myself a salary from this company and profit sharing, and make little annual income from my day job, would I be taxed less then if i were to just report captial gains from personal account?
Post Wed Jan 19, 2011 8:32 pm
 View user's profile Send private message
genjix
Member


Cash: $ 3.40

Posts: 15
Joined: 12 Jan 2011

 Reply with quote  

quote:
Originally posted by coaster
You might pick up a copy of a book titled "The Trader's Tax Solution" by Ted Tesser.

thanks
Post Thu Jan 20, 2011 9:21 pm
 View user's profile Send private message
MrPolarZero
Preferred Member


Cash: $ 31.00

Posts: 150
Joined: 31 Jan 2011
Location: Aliso Viejo, California
 Reply with quote  

well I don't have any experiences on this. But based from a little knowledge of mine, holding stocks under a corporation would give you a higher profit Smile

Annuities
Best Life Insurance
Post Thu Feb 10, 2011 5:06 am
 View user's profile Send private message

Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      


Money Talk © 2003-2022

Crypto Prices