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I used to be a market maker in the trading ring back in the mid-90s. Among the stocks that I handled were Aquaculture stocks. There were many brokers in the market who would not buy these stocks because they were considered ‘non vegetarian’ in nature and hence not ‘worthy’ of being held. Any which way I look at this, I find this a ridiculous concept. Though many stocks from this sector went bust (and took my money with them), that had absolutely nothing to do with them being non-vegetarian. But a couple of survivors from that era have more than made up my losses in the others (Waterbase and Avanti Feeds). These two stocks are still flying and going from strength to strength. The profits from any trade or investments in these stocks get me the same Mahatma Gandhi- wale note that I get from Tisco or Tata Power. The colour of the money doesn’t change because the company is selling prawns or lobsters!

This is sheer personal bias that prevents otherwise rational people from seeing the reality as it is. Another area where this is prevalent in a much more serious way is the conversion of trades gone badly into investments. As though converting losing trades into delivery based investments will undo the mistake that you have made! All you are doing is sweeping your error under the carpet and hoping that no one would notice! Most of all, you yourself! Another variant of this is to convert into long term investments of the short term or momentum picks that did not come thru. This silly practice is indulged in by practically the whole market and results in more junk accumulating in your portfolio than even a deliberate attempt to build a junk portfolio will! It is bias of a different sort- that one should not book losses! The truth of the market is that only the man who knows how and when to take his losses survives and flourishes in this market. The rest have ‘portfolios’ which are really NPAs!

Recently I read that a leading commentator spoke against investing into MCX on the basis that the business is only about buying and selling and gasp, gasp, about selling short!! Oh my god, said that commentator, can you think of something as terrible as someone selling what he doesn’t own? Therefore an exchange that facilitates this should be ignored as an investment. Almost went to the point of calling that business unholy or sleeping with the devil or some such evil thing!! How incredible that such view can be held! The whole world thrives on trading. Any commission based work is based on trading. It is only for the uninitiated and the suckers that trading is a zero sum game. The rest of us are making a very nice living off it, thank you very much.

Commentators, particularly in influential places should be careful that they don’t allow personal biases to cloud fundamental truths about businesses. If you are a vegetarian it in no way means that a business dealing with meat export or poultry farms or eggs will not do well. Or those profits from those shares are tainted. If you don’t know how to trade, never learnt it, never bothered to meet up with people who make a very comfortable living from it, don’t go around making statements that it is not for the common man. It is just not for you. Don’t think that your bias goes for the rest of the populace.

And finally, the market doesn’t give a hoot what your bias is. It is going to do what it is going to do. Forever. That is the only truth.

Taxes forms need to be filed by the companies within the deadline set by the internal revenue service. Failing to file the forms within the deadline leads to penalty worth many times than the actual amount. But, processing the forms according to taxation rule of US is not easy and requires lots of effort and money by the companies. It becomes even more difficult for the big companies involving in numerous transactions during the hired period. Every minute detail of the transactions needs to be shown to the IRS to avoid rejection of forms by the taxpayers. This is why the forms should be processed by the observing the transaction and following latest taxation rule. Companies should hire taxation experts from the market to process and file the forms immediately according to rules. But, it requires lots of expertise in filing the forms through traditional methods. Let us look at an easy process of filing the taxes forms effectively.

Most of the taxpayers are shifting focus from traditional processes to new one. This is because traditional method is risky, ineffective, and cost lots of money for the companies. This is why more than 75% of taxpayers are using online media in filing the forms at affordable price. Companies involving in numerous businesses face maximum difficulties in processing the taxable income. Slight mismatch in the statement leads to rejection of forms immediately. E-file for business 1099 forms to show the taxable income to the IRS immediately according to the US taxation rules. It is easy to process the forms through online media than to a traditional method. Further, edits can be easily done in the forms to avoid rejection before sending the forms to the government. It decreases the rate of rejection from the companies saving extra time and money that would have required in refilling the forms.

Companies are providing special miscellaneous incomes to the employees apart from the normal wages. The different miscellaneous incomes provided to the employees are social security, renting, royalties, medical insurance and even crop insurances. It is essential for the companies to show total miscellaneous incomes provided to the employees during a year filing 1099 misc form immediately. This form is specially filed by the company if employees are paid miscellaneous incomes more than 600 dollars annually. The employees can file for tax return from the government after filing this form immediately. The forms are usually filed through online media instead of traditional media to avoid delays.

Financial problem is the biggest obstacle face by the nascent companies in the market. Without capital nothing can be achieved in the market. To avoid this hurdle, financial aid is taken from the lenders mortgaging properties found in the market at fixed rate of interest. The amount needs to be return to the financial institute at the end of the tax year with the interest. File form 1098 online to show mortgage statement immediately to the government. Take help of taxation experts found in the market to process the forms and file to the government immediately. A confirmation letter will be send to taxpayers immediately after filing the forms by government. Take help of our taxation experts in filing the forms at affordable price of the market now.