Trader Tax Law Update: Current Developments

22 Mar

Tax-season update.

Mar 22, 2014 at 10:15 am EST

This recording is part of GTT 2014 Webinar Recordings.

Investor Inspiration full day Webinar program 10:15 – 3:30 pm ET
7 experts will share key insights that have allowed them to tame their respective markets.
To post recording soon.

  • Discover tax changes and tax reform that are in the works.
  • Understand how Obamacare taxes affect traders.
  • Learn how to save $5,000 to $25,000 or more with trader tax status
  • Discover key trader tax strategies and tax elections
  • Using entities as a way to avoid the red flags associated with Schedule Cs


For 25+ years prior to 2013 I used TurboTax to do my own tax returns. When I started trading options as my primary source of income, however, I attended a presentation by Bob Green at Traders Expo and realized that there were significant advantages to trading within an LLC/partnership legal entity. I also realized that this made my tax return situation more complicated, so I started with GreenNFH for the tax year 2013 since they specialize in tax returns for active traders. Since I live in California, all my interacting with the staff has been through email, and the easy-to-use secure file upload/download facility they use. I have found the entire process to be very efficient and the fees to be quite reasonable. I recommend GreenNFH to other traders whenever the topics of trading entities and tax returns come up.