Tips For Traders On Preparing 2018 Tax Returns (Lightspeed)

06 Mar

Mar 06, 2019 at 4:30 pm EST


Recording

Lightspeed customers can learn about common errors and opportunities that active traders can make on tax returns.

If you traded actively in 2018, you should watch this webinar before preparing your 2018 tax returns. Join CPAs Robert A. Green, Darren L. Neuschwander, and Adam W. Manning from Green, Neuschwander & Manning, LLC.

There are several new and revised 2018 tax forms based on the implementation of the 2017 Tax Cuts and Jobs Act.

  • Learn how traders, eligible for trader tax status (TTS), maximize business, home office, and startup expenses using critical tax-reporting strategies.
  • Don’t solely rely on broker 1099-Bs: There might be opportunities to switch to lower 60/40 capital gains rates in Section 1256, use Section 475 ordinary loss treatment if elected on time, and report wash sale losses differently.
  • Make vital 2019 tax elections on time.
  • Learn common errors on tax returns for TTS traders, which can lead to an IRS or state exam.
  • Learn tips for filing extensions and paying taxes.

Webinar hosted and recording produced by Lightspeed. Everyone is welcome; you don’t have to be a client of Lightspeed.

lightspeed webinar-06-03-2019

 

Testimonials

5 stars.  For an initial consultation, it was very in-depth with strategies, trade-offs, and longer term options. Been thru a few CPAs as a business owner and as an employee, very pleased with Mr. Green! - Initially debated the idea of using a local firm versus "off-site" just due to comfort level. This is totally dispelled now. Looking forward to structuring the business with them and the service to come in the years ahead. Tampa Fl.

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