Serious day traders typically make the choice to form a business entity in order to separate their trading from their personal name, so that they may gain access to the tax benefits entities receive when it comes time to file. As a day trader, it’s important to put substantial thought and effort into the details… Read more »
When you decide to take your day trading business to the next level, there are a number of legal entities you can choose to form for tax and legal purposes. Establishing a formal business for your day trading enterprise can provide you with some tax advantages at year-end, helps separate and protect personal assets, and… Read more »
All businesses are not created equal. There are differences in ownership, control, and taxation. It’s important to understand the various types of businesses before starting one. Here is a Brief Overview of the Different Business Entity Formation Types: