Download e-book for kindle: A currency options primer by Shani Shamah

By Shani Shamah

Shop your cash and purchase "Foreign trade: a pragmatic advisor to the FX Markets" via Tim Weithers as an alternative. That booklet covers the most content material of this ebook in a single bankruptcy and does so in a way more readable way.

Note that either one of those books would actually simply be valuable to newbies to the FX markets. specialist investors may still most likely bypass either titles.

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For instance, if you pay $1,000 annually in interest on your car loan and you use the car 60% of the time for business, you can take a $600 interest deduction. • Alternative fuel vehicle credit. You may take a 10% tax credit of up to $4,000 for the cost of an alternative fuel vehicle (such as natural gas and electric cars), for vehicles purchased or placed in service before January 1, 2011. It will be up to Congress to decide whether or not to extend this credit for the 2011 tax year and beyond.

Goods and services received in a business deal are income unless they are consigned to you. When you barter (trade your goods or services), the fair market value of the item or service received is income. Part 1 The Basics (except for lodging expenses). Second, missing documents may be “reconstructed” if you are ever audited. ) 34 | Tax Savvy for Small Business Example: Marvin designs a brochure for Beeline Mortgage Brokers, for which he would normally charge $500. In return, Beeline gets Marvin a new home mortgage without charging its customary $500 fee.

Keep good records, by hand or electronically, and don’t throw away your receipts and credit card statements. Per diem method. The per diem (per day) expense method is simpler—just take an IRSapproved specific dollar deduction for each day you are on the road. How much you can take depends on where you are traveling. To find the per diem rate for where you are going, see IRS Publication 1542, Per Diem Rates. gov. The tables for each method show the rates, which range from approximately $165 to $260 per day for lodging depending on the location.

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