Entity & Benefits Plan Tax-Advantaged Solutions 2016 (Recording)

17 May

Entities save traders significant taxes.

May 17, 2016 at 4:15 pm EST


Recording

Description:

Join entity tax expert Robert A. Green CPA as he explains the following:

– Employee-benefit plan deductions: Traders who qualify for trader tax status (TTS) unlock health insurance and retirement plan deductions using an S-Corp trading company or C-Corp management company. Individual retail traders don’t have self-employment income so they cannot have employee-benefit plan deductions. See examples of saving $7,000 to over $16,000 in taxes.

– Tax loss insurance: Traders in securities with TTS benefit from a Section 475 election: It exempts them from wash sale loss adjustments and a capital loss limitation. It’s better to ring-fence Section 475 trades within an entity, segregating them from investments in individual taxable and IRA accounts. New entities may elect Section 475 within 75 days of inception.

– Best entities: Learn the best choice of entity for different situations. An S-Corp is best for maximizing employee-benefit deductions; otherwise, a partnership tax return works well. A C-Corp is inappropriate as a trading vehicle, but okay as a management company. In some cases, having a trading company and a management company is helpful.

– Best retirement plans: Learn the basics on Solo 401(k) defined contribution plans and more powerful defined benefit plans.

– Timing: Mid-year is an excellent time to form a trading entity. It breaks the chain on wash sales in your individual taxable accounts and there’s plenty of time to maximize employee-benefit plan deductions for the entire year.

Our live event is complimentary and we plan to offer a complimentary recording.

Related blog posts:
Active Traders Should Consider An Entity For Tax Savings
Safeguard Use Of Section 475 By Trading In An Entity

Testimonials

As all of you know, this has been a difficult time for me as well as my family for past few years. However, without Mr. Green's leadership, expertise and knowledge, and the rest of this team's efforts, I would have been in a worse situation than I am in now. I cannot find words especially at this happy time to show my gratitude for all of the work every one of you did to put this case together to show my true intention for this business. My special thanks goes to Deborah King with her detailed work and knowledge, Amanda Smitson for her skill and communication, Mark Feldman with his experience and representation, Darren Neuschwander with his review effort and last but not least Mindy Bartholomew with her patience. Again, awesome job and team work ... every one of you who was part of this case deserve a big kudos. Add another big win for Green & Company.

MK