MoneyMasters Course – How to Be Eligible for Substantial Tax Savings as a Trader

18 Nov

Nov 18, 2020 at 10:30 am EST


Recording

Trailer

Right before the crucial end of the year, you won’t want to miss this timely and practical MoneyMasters℠ course by trader tax expert, Robert Green, CPA, of GreenTraderTax.com, as he explains the tax advantages of “trader tax status” (TTS).

In this in-depth class, he will cover:

  • The golden rules in detail for how to be eligible for and claim TTS, no election is required.
  • Automated trading systems (ATS) can qualify for TTS, providing the trader is significantly involved with the ATS. Trade copying software might not be eligible.
  • TTS traders deduct business expenses, startup costs, and home office expenses, whereas investors cannot.
  • Learn how TTS traders use an S-Corp to deduct health insurance and retirement plan contributions.
  • TTS traders are entitled to elect Section 475 MTM ordinary gain or loss treatment. Section 475 trades are exempt from wash sale losses on securities, and the $3,000 capital loss limitation.
  • Section 475 income, net of TTS expenses, is eligible for the 20% qualified business income (QBI) deduction if the trader is under the taxable income threshold.
  • Learn current tax developments that might affect traders.

A local CPA is likely to miss out on certain trader tax rules, deductions, and nuances, but Robert Green won’t. And, after this course, you won’t either!

*Tickets are $139 per person; all sales are final. If you miss the live course, you can always watch it on demand at a later date.

Testimonials

Dear Christie, You've done a wonderful TradeLog accounting service for us. We are very pleased; and, for the first time in memory relative to anything related to income taxes, we're actually looking forward to our next dealings preparatory to 2013 filings! Never thought I'd be saying that, under any circumstances ... Thank you.