Trading Business Expenses

Trader Tax 101 Video Course

June 2018: Robert Green explains how traders qualifying for trader tax status (TTS) use business expense treatment. The new tax law suspended investment expenses, so TTS is more crucial than ever before. Learn the most popular expense deductions for traders.

08/03 How to Deduct State and Local Taxes Above SALT Cap More on How to Deduct State and Local Taxes Above SALT Cap

06/23 How Some Traders Double-Up On Retirement Plan Contributions More on How Some Traders Double-Up On Retirement Plan Contributions

06/22 Unlock State & Local Tax Deductions With A SALT Cap Workaround More on Unlock State & Local Tax Deductions With A SALT Cap Workaround

06/21 The American Rescue Plan Act of 2021 Impacts Traders More on The American Rescue Plan Act of 2021 Impacts Traders

04/06 The IRS postponed the 2020 individual tax deadline to May 17 More on The IRS postponed the 2020 individual tax deadline to May 17

Testimonials

Dear Star (Johnson CPA): I have reviewed the forms and they look good to me.  I really appreciate your help as always.  (I think I owe you some roses this year). Thank you.

RH