Cash Flow Planning in Retirement

Cash Flow Planning in Retirement

Retirement marks a significant life transition, and as individuals bid farewell to the daily grind, careful consideration must be given to financial planning. Among the key aspects of retirement planning, cash flow planning stands out as a critical component. In this...
Income Tax Requirements for Day Traders

Income Tax Requirements for Day Traders

Day trading, the act of buying and selling financial instruments within the same trading day, has gained popularity as a means to generate income. However, day traders must be aware of specific income tax requirements that come with this type of trading activity....
How Do Restricted Stock Units (RSU) Work?

How Do Restricted Stock Units (RSU) Work?

Navigating the world of stock options and equity compensation can be a complex and confusing process, especially when it comes to restricted stock units (RSUs). Fortunately, a certified public accountant like Michael D. Peroo, CPA, can provide expert guidance to both...
Leveraging an S-Election to Optimize Employment Tax Savings

Leveraging an S-Election to Optimize Employment Tax Savings

Small business owners often seek effective strategies to minimize their tax liabilities while maximizing profits. One powerful tool at their disposal is the S-corporation election (S-election). Choosing S-corporation status can provide substantial advantages,...