TAXES FOR TRADERS
Updated 14 days ago
6971 N. Federal Highway, Suite 201, Boca Raton, FL 33487
Taxes for Traders, LLC is a firm set up to provide tax information, tax preparation and tax planning services to traders and active investors. There is a great deal of misinformation on web sites and in printed materials concerning taxes for traders and we hope to serve as a resource of correct tax preparation and planning information...
The IRS finally recognized and acknowledged the existence of traders in securities and commodities in the 1997 Revenue Act, although there was no formal or precise definition of what activity constituted sufficient activity to "qualify" as a trader. In 2000, the IRS published additional information about traders in Publication 550, filing forms instructions and on the IRS website. Traders and taxes has become so mainstream that many websites and trader tax "experts" have emerged.
Also known as: Taxes for Traders, LLC