Archive for the ‘United States’ Category

How do I calc. stock basis for stock I sold that was transferred to me from a deceased parent’s account?

Sunday, January 10th, 2010
tbearkrue asked:


She passed away in 2004 and the stock was discovered in Jan of 2007. The stock was transferred to me and sold withing a few days of the transfer.

Channel stock market capital gains through my incorporated business?

Saturday, October 18th, 2008
fidesfortitudo asked:


Hello, I am the CEO of a small web design company. I’m also heavily invested in the stock market. I’m wondering if it is possible to channel my capital gains that I make through the stock market through my small, incorporated S Corporation, to save on taxes. Currently, short term capital gains in the stock market are upwards of 35-40 % for larger gains. Thats just way too much to be giving to the government.

Thanks if anyone can help.