fidesfortitudo asked:


Hello, I am the CEO of a small web design company. I’m also heavily invested in the stock market. I’m wondering if it is possible to channel my capital gains that I make through the stock market through my small, incorporated S Corporation, to save on taxes. Currently, short term capital gains in the stock market are upwards of 35-40 % for larger gains. Thats just way too much to be giving to the government.

Thanks if anyone can help.

nycxwes asked:


So this year I tried www.fxcm.com Forex trading and lost $1300. I was wondering if I can somehow put this on my tax return as capital loss and where I would put such an item.