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Overview
Learn to keep your trading profits with this excellent new CD, co-produced by Online Trading Academy and Traders Accounting.
Description
Learn How to Best Protect Your Profits!
You Have Learned to Trade, Now learn to Protect Your Money - Learn the Essentials of Trader Taxation
Who are you? Are you a Trader or an Investor? What are the differences between the two? The answers may make a huge difference in your bottom line.
Online Trading Academy is delighted to have Tax experts like Traders Accounting make available their expertise in Trading Tax Law.
This course will clear the air of all the questions you have in the back of your mind concerning:
Is My CPA handling my trading profits and losses properly? How can I tell?
Should I continue as an Investor - What advantages are available as a "Trader In Securities"?
How can I protect my trading account from outside influences?
These questions and a host more are answered clearly and with specific recommendations on how to proceed on this excellent CD.
Some of the other topics covered here include:
Legal Entities -Partnerships, LLC’s, "C" Corporations
Combo Entities
Mark To Market Elections
IRC 1256 Contract handling for all Options and Futures accounts
Expenses - personal and business
IRC 280A - Renting your house to your Entity and the Tax consequences of the Monies received
How to start and Super-Charge a 401K with your Trading Business.
Online Trading Academy firmly believes and teaches first and foremost that trading must be handled as a business. As Mike Mc Mahon likes to say, "You can trade part time, you can trade full time - but you cannot trade as a Hobby - it must be a real business". Take the course and learn - learn how to protect what you have and maximize the bottom line!
Learn to keep your trading profits with this excellent new CD, co-produced by Online Trading Academy and Traders Accounting.
Description
Learn How to Best Protect Your Profits!
You Have Learned to Trade, Now learn to Protect Your Money - Learn the Essentials of Trader Taxation
Who are you? Are you a Trader or an Investor? What are the differences between the two? The answers may make a huge difference in your bottom line.
Online Trading Academy is delighted to have Tax experts like Traders Accounting make available their expertise in Trading Tax Law.
This course will clear the air of all the questions you have in the back of your mind concerning:
Is My CPA handling my trading profits and losses properly? How can I tell?
Should I continue as an Investor - What advantages are available as a "Trader In Securities"?
How can I protect my trading account from outside influences?
These questions and a host more are answered clearly and with specific recommendations on how to proceed on this excellent CD.
Some of the other topics covered here include:
Legal Entities -Partnerships, LLC’s, "C" Corporations
Combo Entities
Mark To Market Elections
IRC 1256 Contract handling for all Options and Futures accounts
Expenses - personal and business
IRC 280A - Renting your house to your Entity and the Tax consequences of the Monies received
How to start and Super-Charge a 401K with your Trading Business.
Online Trading Academy firmly believes and teaches first and foremost that trading must be handled as a business. As Mike Mc Mahon likes to say, "You can trade part time, you can trade full time - but you cannot trade as a Hobby - it must be a real business". Take the course and learn - learn how to protect what you have and maximize the bottom line!