Ep 113: Trading Taxes EXPLAINED! Step-by-Step
Aug 25, 2020•16 min•Ep. 113
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Episode description
The guidelines used to determine whether a business qualifies as a “ traders in security” is found on the IRS Website under Topic 429: https://www.irs.gov/taxtopics/tc429
As we consider this set of guidelines, please remember to consult a professional CPA. GreenTraderTax.com, established by Robert Green, has a few golden rules regarding the IRS guidelines for your business. Learn more about their consulting services here: https://greentradertax.com/services/consulting/
What is needed for the IRS to recognize you as a trader? Refer to this article from the IRS titled “Traders In Securities” : https://www.irs.gov/taxtopics/tc429
To find a consultation on these services, please visit https://www.rockwelltrading.com/taxes.
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