Its been tried and its been caught. Occasionally the NASD web site news stories will carry enjoyable reading about the creative ways manipulators...
Not really.. http://www.irs.gov/taxtopics/tc429.html The tax treatment of sales of securities held in connection with a trading business...
Assuming that you are one person, filing taxes solo as an individual, using form 1040 for 2005, and as such you also had a requirement to file a...
Google "trader m2m" for all the information one could want on M2M
You should be able to do a screen capture of the full annual IB report and email it to your tax guy. It's far from the best, but with IB you get...
Generally a c-corp should not be a trader. Some more sophisticated techniques (some call it unnecessarily so) call for a c-corp to be associated...
Unless you are a licensed professional trader "on the floor" so-to-speak, then commingling a computer consulting business operation inside the...
If you plan on have health insurance that is lower cost because it is paid by a corp, then I'd suggest you SHOULD have an employee of the corp,...
Without all the facts seen in writing, means that the "facts" can change depending on the story as understood at the time. It is true that some...
I suggest that there simply are no viable "bennies" availed with an SMLLC for a securities trader with a $10,000 starting capital base. I...
There are so many mis-informed posts in this thread today, it just goes to show how a little good knowledge and planing can go astray when passed...
Possibly... and please let us know of any broker that is stupid enough to not require a personal guarantee of the entity's debts.
Absolutely not. You are likely confusing discussions about corporations with discussions about a trader or dealer using the mark-to-market...
While I very much liked and understood that link you provided, the (perhaps too subtle) point I was trying to make was that this taxpayer...
I know what you're talking about. Similarily, I don't hire health professionals to care for my back since I'm still the one who's well being is...
Spending precious seed-capital money on a tax avoidance plan with a corporation seems premature. Especially when $1,000 used for the corporation...
The + interest applies if the taxes are not paid in full by April 15th.
IRS would normally bill you for the penalty + interest about 6 to 10 weeks after you file the origianl tax return.
Understood, and again - how do you expect to ensure yourself that this will not be a personal holding company? I'm not saying a c-corp can not...
Sure you may certainly forma c-corp that allows all the juicy tax deductions, such as a full medical expense reimbursement plan. And as long as...
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