The Internal Revenue Service requires small-business owners to report the sale of all assets, regardless of the gain or loss on the sale. Business equipment, including vehicles and machinery, is ...
I am the technical reviewer for many of the forms and instructions issued by the IRS, including schedules C, D and SE (form 1040) and form 4797. There appear to be many inconsistencies and incorrect ...
If you trade securities for a living, you are an active stock trader. The IRS considers you an investor for tax purposes. However, the IRS allows you to file taxes as though you are running a business ...
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