Charges for maintaining investment accounts may include annual fees to allow the institution to cover expenses even if very few commission-generating activities, such as stock trades or fund transfers, take place on that account.
Caltrans Launches Pilot Program to Study State Mileage Tax for Road Maintenance. A Caltrans pilot program is underway to study a mileage tax for California drivers instead of the current gas tax to pay for road maintenance. The gas tax drivers pay at the pump has been working well for decades.
Accelerated Deduction. The federal tax law allows the members of an LLC to elect to deduct the full amount of start-up and organizational costs in the first year of business operations, with the remainder subject to amortization. The IRS limits the deduction to $5,000 of start-up and organizational costs. However, you must reduce the deduction by an amount of total costs that exceed $50,000. Any amount not eligible for the accelerated deduction in the first year is amortizable.