Remove License Remove Sales Remove Taxes
article thumbnail

Alternative Investments Explained: What Are They, And How Are They Taxed?

Harness Wealth

However, unlike stocks and bonds, alternative investments, or alts as theyre commonly known, have unique tax treatments and complex reporting requirements that investors should carefully consider before investing. Well also go into some potential strategies to optimize tax efficiency. How Are Alternative Investments Taxed?

Taxes 52
article thumbnail

What is a BOI Report and How Do You File One?

Harness Wealth

Many shell companies are often used to shield illicit activities such as money laundering, tax evasion, and terrorist financing. and have reported more than $5 million in gross receipts or sales on their previous year’s tax return. Harness makes it easy to find tax and financial advisors best suited to your needs.

Taxes 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Guide to the 4 Types of Tax Preparers

Harness Wealth

In this guide, we explore the four main types of tax professionals and the benefits of working with a tax advisor to help navigate challenging tax scenarios. We’ll dive into what a tax advisor does, and help you make an informed decision about which type of tax professional is right for you.

Taxes 52
article thumbnail

Saturday links: impromptu fun

Abnormal Returns

Autos What it means if California bans the sale of new ICE vehicles by 2035. bloomberg.com) Why people continue to drive on suspended licenses. Tax private jet travel. newatlas.com) Bigger tires make for lower mileage and range. curbed.com) Transport Pilot Co., curbed.com) Transport Pilot Co.,

Food 130
article thumbnail

Financial Record Keeping: How Long To Keep Financial Records?

Clever Girl Finance

Usually needed for jobs, enrolling in school, obtaining a driver’s license, benefits, insurance additions, etc. Remember this is different than a marriage license, which you don't keep. IRA contribution statements for non-deductible contributions to prove that you paid taxes. Property tax records. Death Certificates.

article thumbnail

Weekly Market Insights – November 20, 2023

Cornerstone Financial Advisory

The rally paused in the final days of trading as stocks digested their gains and investors assessed weak retail sales and industrial production reports and a rise in continuing jobless claims. 6 This Week: Key Economic Data Tuesday: Existing Home Sales. Did you know there are some tax considerations when starting a new hobby?

Marketing 105
article thumbnail

How To Start A Cleaning Business In 15 Simple Steps

Clever Girl Finance

Obtain a business license 7. Do I need a license to clean houses? Depending on the kind of business you decide to register, you may also need to create an EIN (or an Employer ID Number) for tax purposes. Leverage the resource on SBA.gov to get started with setting up the business licenses you need. Table of contents 1.

License 98