Blog

September 1, 2023

Active Income vs. Passive Income and Their Tax Implications

Introduction In the world of personal finance, two prominent terms frequently come up: active income and passive income. These are…

Read post

    Subscribe

    * indicates required

    Accredited Investor: A person with an annual income exceeding $200,000 ($300,000 for joint income) for the last two years, expecting to earn the same or a higher income in the current year or a net worth of $1,000,000, excluding the primary residence.

    Sophisticated investor: An individual or entity with advanced knowledge, experience, and understanding of investment markets, enabling them to assess and make informed decisions regarding complex investment opportunities.