Internal Revenue Service Essay Example | Topics and Well Written Essays - 500 words

Internal Revenue Service - Essay Example Special rules apply for traders in securities who are in the business of buying and selling securities for their own account tax (Internal Revenue Service, n.d. b). According to the Internal Revenue Service (n.d. b), to be engaged in business as a trader in securities, all of the following conditions must be met: The objective of profiting from daily market movements in the prices of securities and not from dividends, interest, or capital appreciation. The activity must be substantial, and Continuity and regularity of trading activity. Furthermore, according to the Internal Revenue Service (n.d. b), the following facts and circumstances should be considered in determining if the activity is a securities trading business. Typical holding periods for securities bought and sold. The frequency and dollar amount of trades during the year. The extent to which the activity contributes to the generation of income for a livelihood, and The amount of time devoted to the activity. Further, a taxpayer may be a trader in some securities and hold other securities for investment. The special rules for traders do not apply to the securities held for investment. A trader must keep detailed records to distinguish the securities held for investment from the securities in the trading business. The securities held for investment must be identified as such in the trader's records on the day he or she acquires them (Internal Revenue Service, n.d. b). Both the limitations on capital losses and the wash sale rules continue to apply. However, if the mark-to-market election was timely made, then the gains and losses from sales of securities are treated as ordinary gains and losses. Further, neither the limitations on capital losses nor the wash sale rules apply to traders using the mark-to-market method of accounting (Internal Revenue Service, n.d. b).

A critucal revuew of the cause and effect of employee turnover in the Essay - 1

A critucal revuew of the cause and effect of employee turnover in the first six months of employment at ABC - Essay Example It is visibly evidenced that there is unconstructively relationship between the dependable variables of company performance and the Independent variables worker turnover, work stress, workload, family to work conflict, salary. The ABC study showed turn over effect on the functions of the operations. Turnover or inter-company mobility is a relocate of employees among the corporations and its environments such as other institutions or organizations. It can have both attractive and unattractive effects. Over the previous two decades of alertness of managerial matters, the issue of employee turnover still prevails in most of the corporation throughout the globe. This research study was done to assess the cause and effect of turnover in ABC Corporation. Even in the highly urbanized industrial countries, the rate of employee turnover is still very elevated. The area for the research study was ABC first six months employee turnover. The research study was implemented using quantitative technique for research. This was to assist in getting primary data. The questionnaire circulated among the employees of ABC was collected to know how much employee turnover affect the operation of the organization. The research was to provide causes and effects to assist the management in making wise de cision during employment practices. The research paper purpose was to handle the questions that is; what are the causes and effects of employee turnover on the performance of the ABC organization? Various investigations show that employee turnover unconstructively affect the overall competence of the organization. If appropriate action is implemented on employee workload, salary, work stress, job satisfaction, and work to family conflict, the turnover proportion alternatively declines and organization performance improves. A research article journal of applied psychology (2007) revealed that job satisfaction and affective