Blog
Tax Forms And Deadlines For Active Traders
It’s essential to have a common understanding of what expenses traders can deduct, what constitutes day trading income, and what particular rules apply if the IRS considers you a qualified active trader. What matters most is that you’ll need to know what tax forms to fill out and when they’re due. At Traders Accounting, we’re […]
Trader Tax Status Benefits For Active Traders
Trader tax status drives business tax breaks including employee benefit deductions for retirement plans, business expenses, and business trading losses with the Section 475 election. An active day trader can deduct these items from gross income without limitation. But how can you qualify for trader tax status? Unfortunately, only a tiny fraction of active traders […]
Ways To Make Money Trading
The whole premise of an active day trader involves carefully gauging the value of something and making a profit when your estimation is correct. One of the perks of being an active trader is making money when the market goes up or even down. You can also make money with day trading when there is […]
Tips For Self-Employed Health Insurance Deductions
Health insurance premiums are becoming more and more costly. If you’re a self-employed trader who is paying for health insurance, you may be entitled to a health insurance tax deduction. Active traders who qualify are allowed to deduct 100% of their health insurance premiums for themselves, their dependents, and spouses.
Updated Investor Bulletin: The ABCs of Credit Ratings
The SEC’s Office of Investor Education and Advocacy and Office of Credit Ratings are issuing this Investor Bulletin to educate investors about credit ratings. If you invest in bonds, you have probably come across credit ratings. Credit ratings usually appear in the form of alphabetical letter grades (for example, ‘AAA’ and ‘BBB’) and are an […]
Trade Stocks For A Living
Do you want to make a living trading stocks? A lot of us fancy the idea of quitting a job and supporting ourselves solely through trading stocks from home. Is it possible? Very much so. It may feel like something that’s far out of our reach, but it is unquestionably obtainable. Free to be your […]
Investing & Trading Dividends
In this short white paper, I will try to answer some of the most common questions I get from both traders (holding some long term positions) and investors. Most of these questions surround dividends.
Wealth Management Solutions For Traders
Financial planners for time and eternity have recommended the use of insurance, incorporation and spendthrift trusts as Commonwealth protection strategies. In the current legal environment, however, insurance may be insufficient because of the prohibitive cost, liberal exclusions, and coverage limits.