L D Tax and Accounting

08/08/2024

https://www.wealthmanagement.com/etfs/tech-etfs-drew-billions-are-battered-losses-hitting-60?utm_rid=CPG09000060152238&utm_campaign=48959&utm_medium=email&elq2=a7c23f6af66e410eaee3a217a0c4bbeb&oly_enc_id=3425B9686790E9X&sp_eh=7dfceffd10a32cfe9b3221d2eb8759ee6cee8be90fc5214a1c0bc25909446331

Leveraged-up ETF positions are getting thrashed in the sweeping market meltdown.

08/08/2024

https://www.wealthmanagement.com/equities/10-investment-must-reads-week?utm_rid=CPG09000060152238&utm_campaign=48967&utm_medium=email&elq2=20f780acf59245cd874e9e7c5d784a92&oly_enc_id=3425B9686790E9X&sp_eh=7dfceffd10a32cfe9b3221d2eb8759ee6cee8be90fc5214a1c0bc25909446331

Amid the market rancor in recent days, some wirehouse advisors are telling clients to “buy the dip,” reports FundFire. The unwinding of a popular carry trade borrowing in yen and investing in other currencies is a culprit in the increased market volatility. These are among the investment must re...

08/08/2024

My kids will be telling their grandkids they survived the great stock market collapse of August 5th, 2024.

jajaja jajaja

The global market was roiled over the weekend following Friday’s lackluster US jobs report and the biggest crash of Japanese equities in over a decade.

08/05/2024

U.S. stocks fell sharply today as part of a global market sell-off centered around U.S. recession fears.

08/05/2024

Back to School reminder that teachers can deduct up to $300 for supplies for their classroom.

08/05/2024

U.S. Department of the Treasury announces that New Jersey, Pennsylvania, and New Mexico announced they will join IRS Direct file.

Treasury and the IRS announced Direct File would be made permanent and opened to all states.

08/05/2024

As expected, H.R. 7024 went down in flames. It took the Senate six months to bring it to a vote.

07/24/2024

https://taxfoundation.org/blog/tipping-trump-tax-on-tips/ #:~:text=While%20some%20Americans%20are%20certainly,both%20the%20House%20and%20Senate.

“No tax on tips” might be a catchy idea on the campaign trail. But it could create plenty of headaches, from figuring out tips on previously untipped services to an unexpectedly large loss of federal revenue.