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Personal Finance & Money : Recent Questions and Answers (Page 275)

Find answers to your questions about Personal Finance & Money or help others by answering their Personal Finance & Money questions.

Lost A Company In a Judgement

I inherited a company from my father. Not sure what the valuation was. I didn't have any money invested in the company, but the company was sued and we lost...

Asked on 03/30/2021 by Dustin K

1 answer

How not to pay taxes on covered call

I bought 100 shares of ESPO four months ago for $50 and sold a September 18 $62 covered call at Robinhood. With the stock trading at $61.50, I think...

Asked on 03/30/2021

1 answer

Why are there two exchange rates for Venezuela's currency?

On DolarToday, the actual exchange rate between BsF (Bolívares fuertes) and the U.S. dollar can be found. However, in other places you will read that the exchange...

Asked on 03/30/2021 by Pichi Wuana

1 answer

How much to amortize if purchased sometime mid-year for the tax year an intangible asset?

If my SMLLC purchased an intangible asset (say a domain name for $3000) in the middle of the year (say March X, 2021), assuming we use a 15-year straight-line depreciation,...

Asked on 03/30/2021 by dogpatch101

0 answer

In which EU countries can companies elect pass-through taxation or at least there exists a company form with pass-through taxation?

I am looking within EU for a tax solution similar to S Corporations in the US:An S corporation, for United States federal income tax, is a closely...

Asked on 03/29/2021 by Pawel Debski

1 answer

Journals for credit with suppliers

How would I keep a record of payments with an insurance supplier (Zego if that helps) if they bill on the basis that the account gets topped up with credit,...

Asked on 03/29/2021 by Dave Smith

1 answer

How OPTIONS are settled can be an eye opener and I hope I can get some answers

The only reason why I put it here is to find out whether I am a victim or just ignorant of the way brokers deal with option positions that were...

Asked on 03/29/2021 by datuk wong

2 answer

How easy is it to actually track another person's credit card?

In movies and in fiction, government agents, mom's basement hackers, evil villains, etc. often are able in minutes to tell stuff like "twenty minutes ago she rented a boat in...

Asked on 03/29/2021

7 answer

S-Corp distribution & AAA Accumulated Adjustments Account

AAA is an S-Corps retained earnings not yet distributed.income increases AAAdistributions lowers AAA (but not below zero)capital contributions does not increase AAAScenario: I invest $100k in S-Corp. S-Corp net profits...

Asked on 03/29/2021 by speer

0 answer

Is there credibility to the "take money from hedge funds" theory behind $GME?

The current Wall Street Bets theory behind the $GME rally goes as following:Hedge funds have shorted Gamestop to 140% by re-borrowing the same shares multiple times (or some other equivalent...

Asked on 03/29/2021

5 answer

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