Is there any benifit in opening a corp for stocks? |
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genjix
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Cash: $ 3.40
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Is there any benifit in opening a corp for stocks? |
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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?
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Wed Jan 19, 2011 8:32 pm |
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genjix
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Cash: $ 3.40
Posts: 15
Joined: 12 Jan 2011
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quote: Originally posted by coaster You might pick up a copy of a book titled "The Trader's Tax Solution" by Ted Tesser.
thanks
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Thu Jan 20, 2011 9:21 pm |
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MrPolarZero
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Location: Aliso Viejo, California |
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
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Thu Feb 10, 2011 5:06 am |
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