Tax Strategies for Active Traders in 2024 Tax Filings
26 Feb
Feb 26, 2025 at 4:30 pm EST
Join Robert A. Green, CPA, of GreenTraderTax.com, and Darren Neuschwander, CPA, managing member of Green, Neuschwander & Manning, LLC, for expert guidance on navigating your 2024 federal tax return filing in 2025.
- Discover how active traders qualifying for Trader Tax Status (TTS) can maximize deductions, elect Section 475 mark-to-market accounting, and leverage pass-through entities for tax-saving benefits like health insurance, retirement plans, and SALT deductions.
- Gain insights into the tax treatments for various financial products.
- Understand wash sale losses, Section 475 MTM, and other essential accounting methods.
- Get practical tips on filing tax extensions, timely tax payments, and avoiding penalties.
- Learn how to prevent common filing errors that could trigger IRS or state examinations.