Archive - April 2014

1
Simplified Home-Office Deduction Available
2
Is High Frequency Trading Evil?

Simplified Home-Office Deduction Available

Beginning with your 2013 tax return you have a new option available for calculating the Home-Office deduction – based solely on the square footage of the dedicated space used for the home office.

Instead of having to maintain records that are directly and indirectly associated with your home office, you can use the simplified method, which applies a flat $5 rate per square foot to the home office space, up to a maximum of $1,500.

The record-keeping and tax preparation simplification is very beneficial: Form 8829 (the usual home-office deduction form) can cause a lot of headaches to prepare, especially …

Read More

Is High Frequency Trading Evil?

The recent publication by Michael Lewis of a book, Flash Boys, that is critical of High Frequency Trading (HFT) is wrong. The cost of other problems such as excessive fees or bad trading decisions or bad spreads or tax traps, or risk that zero percent Federal Reserve controlled rates rob retirees of their ability to retire is far, far greater.

Of course two wrongs don’t make a right. However, the HFT adds liquidity thus lowering investors’ costs. When critics of HFT complain that the price offered wasn’t really available they are talking in terms of the exact price, surely at …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login