Trading Through A Separate Entity

Recorded Nov. 14, 2012

Trading in an entity looks better to the IRS than a Schedule C for a sole proprietor trader. Green recommends pass-through entities like LLCs, partnerships and S-Corps. (Postscript: Starting in 2014, we prefer S-Corps paying a salary to the owner due to IRS changes in connection with the Net Investment Tax. Entities must also file Form 8949 now.)

Testimonials

OK Rachel (Ellis CPA)- Wow, I don't know how you do what you do. Taxes are so darn intimidating, and all can say is Thank You! for knowing what you are doing! I am so grateful to you and your team for your knowledge and professionalism. I would think anyone who trades/invests and tries to file their own tax returns must have a death wish.

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