Investor vs. trader – a very important distinction for federal income tax purposes. In reasonable detail, remind me – why the distinction is important in terms of tax reporting, and how to determine whether a client who claims to be a day trader really is one (i.e., a Schedule C stock trader).

If the IRS increases the capital gain tax, institutional investors' preference for dividends versus repurchases would: a. prefer dividends b. I don't know c. not change d. prefer repurchases

Which of the following accurately describes taxation of cryptocurrency transactions?a) Cryptocurrency transactions are exempt from taxation. b) Cryptocurrency transactions are subject to capital gains tax. c) Cryptocurrency transactions are taxed at corporate tax rates. d) Cryptocurrency transactions are taxed at a fixed rate set by the IRS.

Taxes affect many financial decisions. Explain how (a)interest and dividend payments are treated for tax purposes, from both a company’s and an investor’s perspective, and (b) how dividends and capital gainsare treated for tax purposes by individuals. In youranswers, explain how these tax treatments influencecorporations’ and investors’ behavior

An S corporation is subject to the following tax(es). a.Corporate income tax. b.Built-in gains tax. c.Alternative minimum tax. d.None of these choices are correct.

What will be the effect after To complete a successful tax-deferred exchange for the investor?

There are many tax rules and regulations you should be aware of when investing-whether it be in stocks; bonds; mutual funds; real estate; or collectibles such as artwork, antiques, gems, memorabilia, stamps, and coins. Capital gains are proceeds derived from these types of investments. Unless they are specified as being tax-free, such as municipal bonds, you must pay capital gains taxes on these proceeds. Capital gains are taxed in one of two ways. If the investment is held for one year or less, this is considered short-term and is taxed as ordinary income at your regular income tax rate. As this is written, if the investment is held for more than one year, it is considered long-term and qualifies for various tax discounts, as follows for single taxpayers with earnings as shown below. Stocks Held Capital Gains Rates Up to $38,700 $38,700–$426,700 Over $426,700 Over 1 year(long-term) 0% 15% 20% (a) If you are in the 24% tax bracket for ordinary income and have a 15% capital…

1.Details the tax liability of corporations to the IRS. 2.Identifies the similarities and differences in the tax liability of corporations, individuals, partnerships, and self-employed business owners in the United States.