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Day Trading Strategy For The E-Mini S&P 02-08-2010
A Powerful Day Trading Strategy For The E-Mini.
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Traders Accounting Newsletter
February 9, 2010

Traders Accounting

In This Issue

 

International Expo

 

Just For Traders

Is This Income Taxable?

Five Tax Changes for 2009

Get Your Refund Faster - Choose Direct Deposit

Regulator proposes limits on energy futures contracts

Eight Tips to Help You Choose a Tax Preparer

Eight Facts About Filing Status

Top Ten Tax Time Tips

Start with the Estate tax

IRS explains how businesses elect the new longer NOL carryback option

 

 

A Powerful Day Trading Strategy For The E-Mini S&P


February 9, 2010 4:30 PM EST

Had enough?

No longer want to deal with " Black Box Trading Systems " or " Automated Trading Robots " that don't work ?

Then it's time to throw away all these complicated trading systems that just cause you to lose money.

Come join us for the following webinar :

Event : A Powerful Day Trading Strategy For The E-Mini S&P
Date : February 9, 2010
Time : 4:30 PM EST
Cost : FREE
Presenter : Markus Heitkoetter (CEO, Rockwell Trading)
Registration: Click Here

In this webinar, professional trading educator and best-selling author Markus Heitkoetter will show you a powerful day trading strategy for the e-mini S&P that's easy to understand and execute .

And the best part, you won't' need to buy any expensive software or indicators!

Markus will show you how he has set up his charts to trade this strategy .

This is a very rare opportunity to see Markus explain his day trading strategy, but seating is limited, so register now !

Register here


In Trusts We Trust: How to Leave a Living Trust Legacy

Trading is all about today: the moves you make, the strategy you follow, the gains and losses at the bell.

But what about tomorrow? How will the wealth you're creating today benefit your loved ones when you've logged off the big board for the last time?

Today, more than 70% of American families fail to properly plan for the optimal control, management and transfer of their estates. Without proper planning, your estate could wind up in probate court, which can prove a costly, time-consuming and psychologically damaging process for any grieving family to endure.

Consider the cost: A 4% probate fee on a $400,000 estate amounts to a whopping $16,000. And the delay: The probate process can take anywhere from four months to four years or more, prolonging a family's suffering. And because probate is a matter of public record, your family would forfeit their privacy at the very moment they need it most.

In fact, without proper planning, if you become incapacitated, your estate could become subject to probate before your death through a process known as conservatorship. Court-mandated conservatorship can not only be expensive, your estate could be placed in the hands of a complete stranger.

Assets are not the only thing at risk in probate. Oftentimes, our children may suffer needlessly if control of our estate falls under the discretion of a probate court.

For example, without proper planning:

•  Should you and your spouse die when your children are minors, a probate court will select their guardian, as well as a custodian for your estate.

•  A spendthrift heir may be awarded a lump-sum payment that they might squander unless you make arrangements for them to receive only income from your estate.

•  Perhaps scariest of all, you might even unintentionally disinherit your own children from previous marriages without the proper planning.

How to avoid these worst-case scenarios?

A revocable living trust could be the answer.

This estate planning tool provides asset control, wealth preservation, cost and tax savings and privacy for you and your loved ones. You create a living trust with a binding agreement between you as trustor and a trustee, which in most cases will be you as well. You then transfer the title of your assets into the trust with specific instructions on how they are to be disbursed upon your demise.

Typically, a living trust also will include a secondary trustee (i.e., a bank, financial institution, or someone you trust) and perhaps a disability trustee in the event you become incapacitated. True to its name, your revocable living trust may be revoked by you at any time. The assets within the trust remain solely in your control during your lifetime. Upon your demise, the trust becomes irrevocable; that is, it cannot be withdrawn or changed. Your trustee (or secondary trustee if you've named yourself as trustee) then distributes the trust assets per your specifications after paying all final bills, debts and taxes. Since upon your passing the assets placed in the trust will no longer be owned by you, there is no need for them to be probated.

In addition to its many estate planning benefits, a revocable living trust can carry your guidance and wishes forward for the next generation. Thoughtful planning within the living trust can protect your heirs from financial setbacks due to divorce or impending bankruptcy, provide specific help for college tuition or first home buying, protect minors with age-specific disbursements, and benefit special needs children without endangering their Social Security benefits.

Finally, a living trust eliminates the need to place homes and other assets in joint tenancy with right to survivorship (JTWOS) agreements with children or other family members as a tax-saving strategy. JTWOS can be risky and often create unintended consequences; for instance, a parent who is in joint tenancy with a child could lose the house if the child is sued.

Traders Accounting, America's trader tax experts, helps traders plan for the future every day using a variety of estate planning tools. For more information about tax-saving estate planning for traders, please call Mike Nash at 800-938-9513

 

Ultimate Asset Protection

The typical Market Trading business is a one person operation run from a home office. A home office has always caused problems with regards to the IRS in proving its validity. Namely the problem is proving the separation from work and personal use of the home office, home office equipment, area, and sole purpose to the business. There is a two part test that must be satisfied: The business must be separate from the owner's personal life, and the business must be ongoing. In contrast to the home-business, if you look at a small business with a brick-and-mortar office building outside of the home with a few employees on the payroll, it is much easier to prove that the business is separate from the owner's personal life, and that it is an ongoing business. The IRS does not consider a tax filing alone as verification that a business exists. (A tax filing is little more than a claim that the business exists.) If the IRS or the state, or a prosecuting attorney need to challenge the business claim it is the onus of the business owner to have proof that can substantiate the business existence claim to be valid. The business that has a leased building and steady payroll to employees, office furnishings and equipment purchases, etc. has a far easier time and less challengeable business validation than does a home office business owner.

As the CFO service for our clients it is Traders Accounting's responsibility to make you aware of the Trading Company Shield and the necessity for protecting your corporate asset. In light of the difficulty stated above the use of our Trading Company Shield is very much an insurance protection that is more than affordable . Affordable not just in terms of the protection of your Corporate Veil investment and the tax benefits at risk if you lose your corporate protection, but also affordable in comparison to having a third party or an attorney provide the documentation. From a time-management perspective the use of our online portal is fast, easy to navigate, and has every document a business requires at the click of a mouse. The Trading Company Shield is price affordable, easy to setup and use, and time efficient making this a much needed function for your corporate asset.

The Trading Company Shield is an online portal that provides for you many beneficial features.

More Information for Trading Company Shield

 

International Traders Expo

Join Traders Accounting at the International Traders Expo in New York! We will be holding three special events in addition to a full booth setup for you to visit us at this Expo. Event 1: Five Ways Traders Throw Money Away Every trader knows there is one critical aspect to trading that can't be ignored – it is easier to trade with more money than with less. The concept may sound simple enough, but most traders are unaware of the available tools that will impact trading capital. In this presentation Traders Accounting present five areas that have a direct impact on trading cash flow.

  1. Wash Sales Capital Losses Medical Expenses Trading Expenses
  2. Failing at Trading

More Info

Event 2: 5 Critical Mistakes Active Traders Make. Traders Accounting engaged an independent research firm to investigate the trends outlined in this study. In a report from the Wall Street Journal, Drew Niv, Chief Executive of FXCM stated, “If 15% of day traders are profitable, I'd be surprised.” During this fact filled presentation based on market research see the statistics on:

1.        The Investors Landscape
2.        Exposing the Markets
3.        The Five Critical Mistakes Traders Make

4.        The Business Front

5.        The Five Steps to Success

More Info

Event 3: Increase Cash Flow With Tax Efficient Trading Part of the survival for any successful trader is cash flow management. The largest expense a trader has whether the trader makes or loses money is taxes. Every dollar we spend on taxes means we have one less dollar to trade with. With this in mind it is obvious that as traders we have the obligation to do everything possible to keep as much money in our brokerage accounts as possible. Jim will teach us about increasing our cash flow through Trading as a Business. In his presentation he will lead us through an interactive workshop on:

*       Trading as a sole proprietor
o     The IRS “special rules” surrounding “Traders Status”

o     The recent Frank Chen Tax Court Case, and what it means to all traders

*       The advantages and disadvantages of trading as a formalized business—What type trader would use a formal business?
o     Partnerships

o     LLC's

o     Corporations

*       Is there a cookie cutter approach to tax savings for a trader?

*       The taxation of 1256 contracts
o     The difference

o     What types of trading business would fit in this category

*       Mark to Market
o     A panacea or an empty promise for a trader?

*       Trading in a retirement account
o     What is the best way to approach th
is

More Info

 

Bookkeeping Made Easy

Who needs a bookkeeper with those easy-to-use, do-everything, no-brainer business bookkeeping software programs I got with my fancy new computer?Using a Traders Accounting bookkeeper, you will receive quarterly financial statements based on the trading information you provide to us. Although you will receive financial statements quarterly, your bookkeeper actually reviews your account every month to keep it current with the trader tax law changes and updates that can impact your business.

Call Bill Gleason for more Information: 1-800-938-9513 x209

Improving our service for traders

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Forward this message to a friend | Traders Accounting (800) 938-9513

Traders Accounting provides this free Newsletter as a service to our clients and subscribers. The publication is sent out once each week on average and is intended to keep Traders aware of changes to the Tax code, educational opportunities, and general news that pertains to the business of trading.

 
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