Recent content by richtsig

Completely agree Sig. I had to look into this as my options trading income rose significantly this year. Set up a c-corp to do some income splitting and at least save some on taxes. My plan is not to make over 50 K in c-corp. You can retain earning up to 250 k in c-corp without worrying about...

Recently opened a c-corp for trading options. My reason was that you pay less in corporate tax (15%) for first 50K income. For long term, c-corp can retain earning upto 250k for business expansion. I really do not care for home office deduction.