For day traders, both profitable and unprofitable, tax concerns are one of the most criminally overlooked issues. Why? Because aside from trading itself, taxes have the most material impact on your profits than anything else. FIFO (first-in, first-out) and LIFO (last-in, first-out) are inventory accounting concepts. Your local grocery store probably utilizes FIFO to […]
Tax
What The Trump Tax Reform Bill Means For The Markets
What The Trump Tax Reform Bill Means For The Markets President Donald Trump’s tax reform agenda has been moving markets since the first day he took office. While many Americans and other people from around the world were discussing the negative outcomes from the election of a populist president, the markets were starting a historical […]