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The tax aspects of selling mutual fund shares

  • March 3, 2020
  • Tax

Perhaps you’re an investor in mutual funds or you’re interested in putting some money into them. You’re not alone. The Investment Company Institute estimates that 56.2 million households owned mutual funds in mid-2017. But despite their popularity, the tax rules…

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The Tax Implications of Closing a Schedule C Business

  • January 4, 2021
  • Tax

Unfortunately, many businesses have already been forced to close their doors due to the economic fallout from COVID-19, and more will surely follow. Closing a business has important federal income tax implications that owners should understand. There are some variations to consider…

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