FastSwings.com

   Stocks, Stock Swings, Options, and Option Trades

   Disclaimer: Consult a Financial Advisor prior to taking the advice offered. By reading this blog site you agree to not hold any authors or FastSwings.com responsible for market loses that you may incur.

 Subscribe in a reader

Subscribe to FastSwings by Email

Filing Your Small Business Taxes With TurboTax

Ken'ichirō Mogi, Senior Researcher of the Sony...

Ken'ichirō Mogi, Senior Researcher of the Sony Computer Science Laboratories, Inc.,, talked with Kazuyo Katsuma, Certified Public Accountant, in Kōchi Prefecture on November 29, 2009. (Photo credit: Wikipedia)

Finding a CPA (Certified Public Accountant) to file and prepare your taxes can be a challenge. You can spend hours calling around; trying to find one that can fit you in to their schedule. Fortunately, there is a solution. With the TurboTax CPA Select program, you are instantly connected to a qualified CPA in your area.

How Does it Work?

When you log on to the Turbo Tax site, it automatically registers your exact geographic location. You can change your location to find a CPA in another area, or simply choose one from the list provided.

After you select the CPA that you want to prepare your taxes, you will start the tax filing process. Instead of trekking all the way to their office and taking hours out of your day, you simply upload your documents onto the secure server and share them with your accountant. You can also share your documents via smartphone or fax.

Stocks Continue to Move Higher

Federal Reserve: 1913-2009

Federal Reserve: 1913-2009 (Photo credit: r0b0r0b)

Stocks Continue to Move Higher

Despite nervousness that the Federal Reserve may stop buying treasurers and that China may take steps to cool its housing sector, the stock market moved higher today continuing the trend that started well before the election of 2012. The recent run-up happened during earning season as profits should some strength and the end of the season led to a short period of pause. But that may now be over.

Kicking Spending Cuts To March 1st But Raising Taxes

We need to get this to the Fiscal Cliff! What ...

We need to get this to the Fiscal Cliff! What could go wrong? (Photo credit: DonkeyHotey)

Kicking Spending Cuts To March 1st But Raising Taxes

When the Fiscal Cliff solution came about at the beginning of the year, the Democrats received a lot of what they wanted in tax increases on the rich but gave nothing in return. The cuts were delayed until the end of February, which has now arrived. The cuts are about to happen in a $85 billion reduction in new spending for 2013 which is good for our budget trouble and slightly negative for growth. But growth was slowing already for a number of reasons related to natural disasters, tax increases, and business regulation. Now the country hopes to either live through the sequester or modify the sequester to make smarter cuts than just the generic across the board cuts required.

Facebook Inc. Pays No Taxes in 2012

Feb 18 2013
901
0
Food, Inc. on Facebook

Food, Inc. on Facebook (Photo credit: Jory™)

Facebook Inc. Pays No Taxes in 2012

In their most recent filing, Facebook Inc. reported not paying any taxes on their 2012 income of $1.1 billion. There are a number of reasons that a company would not pay taxes on such a sizable amount of income and this case it appears that loses from prior years and the granting of stock options to employees are the main reasons. The company lost money during earlier pre-IPO years when it was growing and only beginning to monetize its services. In addition the company gave stock grants to employees to a large degree which is common in the technology industry. These stock options are considered business costs and are therefore deductible.

Dell Buyout Has Challenges

Feb 12 2013
784
0
English: Michael Dell speaking at Oracle OpenW...

English: Michael Dell speaking at Oracle OpenWorld, San Francisco 2010 (Photo credit: Wikipedia)

Dell Buyout Has Challenges

Michael Dell has clinched a Dell buyout deal and must turn a business losing ground in personal computers into one that will provide higher-margin cloud-computing services and tools. Dell needs to bundle highly profitable products like data storage and networking with the computer servers it currently has on the market.

Dell,47,will have greater freedom in personnel management and strategic growth without answering to shareholders. Michael Dell and the Silver Lake Management are taking the Round Rock, Texas-based company private in a buyout transaction valued at $24.4 billion with Dell regaining majority control of the company and remaining the chairman and CEO.

Dell's Debt-Laden Leveraged Buyout

Image representing Michael Dell as depicted in...

Image via CrunchBase

Dell's Debt-Laden Leveraged Buyout

Whispers from the Street: Dells Wastes Million in Buyout Plan

Many people are at a loss to explain Dell's (DELL) leveraged buyout and how exactly the math will add up in the $24.4 billion takeover bid which is the largest this side of the financial crisis.

Very few people or even analysts seem worried that the consortium group organized by founder Michael Dell, Silver Lake Partners, and Microsoft(MSFT) will not happen, even though there are concerns that a mere $13.65 per share cash payout gives only a little payment to Dell's shareholders.

Those who are shaking their heads back and forth are trying to make some sense of the numbers and are stunned after hearing that the three large rating agencies (Standard & Poors, Fitch Ratings, and Moody's) stand ready to downgrade Dell's stock to junk.

Money Management On Mobile Devices

This post brought to you by Personal Capital. All opinions are 100% mine.

Money Management On Mobile Devices

PC_Logo_zps4cb7c0ab photo PC_Logo_zps4cb7c0ab.jpg

Any person that currently owns an iPad should always be on the lookout for mobile applications that would help them to alter the way that they are handling important tasks on a daily basis. Life can be very difficult if you do not have the right tools available to turn to. However, I have been able to use Personal Capital to help me deal with many issues related to my finances. One of the reasons why I decided to purchase an iPad would be the fact that I am always on the road. I needed a device that would be easy to pick up while also providing all of the functions I already enjoyed on my iPhone.

 

Sale Of Set-top Box And Investing In Google

Google Chrome

Google Chrome (Photo credit: thms.nl)

Investing In Google

Posting a blog about a "little accounting", the chief accountant and treasurer, of Google, Vice President, Brent Callinicos, reminded analysts that because of Google's sale of Motorola's set top box business, it has been described as a terminated operation. When it comes to investing in Google it seems that all of the analysts are not taking this into account.

Taking A Look At Bank Earnings

Image representing Goldman Sachs as depicted i...

Image via CrunchBase

Big Bank Earnings: The Week Ahead Could Be Make Or Break

With five of six of the largest banks in the nation scheduled to report earning results for the fourth quarter, for the financial sector it is a make or break week. On Wednesday morning Goldman Sachs (GS) and JP Morgan (JPM) report. On Thursday it will be Bank of America (BAC) and Citigroup (C) while Friday it is Morgan Stanley (MS).

There have been strong gains for bank stocks ahead of these critical earnings reports. The Financial SPDR ETF (XLF) which carefully follows more than 80 diversified financials has shown a gain of over 4% since the beginning of the year and from one year ago 23%.

Popularity Of Amazon Prime Leads To Company Growth

Deutsch: Logo von Amazon.com

Deutsch: Logo von Amazon.com (Photo credit: Wikipedia)

Amazon Company Growth

Amazon.com Inc. has recently opened a new brick-and-mortar center to help meet increased sales demands thanks to the success of newer features such as Amazon Prime. The online retailer continues to grow and enjoy a position as the top US online merchant. Amazon posted better holiday shopping numbers than originally expected, and plans are already under way to bring Prime subscription availability to Canadian customers.

Our FaceBook Page

Market Summary