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raybans,Stated otherwise: Does it make any tax sense to move my capital that I trade/invest with to a formal corporation, and then open it up as a business account, rather than a individual trading account? Are there benefits to doing this?
Howdy, WILA.Qualifying that I have only a general knowledge of incorporating...The earnings of a corporation get taxed.Then the distributions received by the employees get taxed, AGAIN!You might want to look into initiating a trust fund or non-profit organization with yourself as the beneficiary.But, honestly, no offense, $100K is only a nice beginning when trying to beat out every nickle.Good luck.Fuzz
I don't know