Cart is empty     Home  Client Area  My Account
1. TRADER STATUS AND THE MARK TO MARKET ACCOUNTING ELECTION
1. TRADER STATUS AND THE MARK TO MARKET ACCOUNTING ELECTION
Price: $79.95

 

You are loosing $8,500 every year you are trading!

Learn everything you need to know about 'Trader Status' and the 'Mark-to-Market Accounting Election'...who qualifies, how to notify the IRS, how to fill out your tax return, and how to lock in thousands of dollars in tax savings every year.

Dear Trader,

Learning the skills required to become a successful trader can take a long time and cost a lot of money.

However, if you have the right information, at the right time, you can substantially reduce your financial risk and actually put cash back in your pocket, thanks to the IRS.

The IRS will subsidize your trading business to the tune of $8,500 each year!
(Learn how in less than 45 minutes)

Everything you need to know is in Traders Accounting's new interactive, multimedia CD-Rom presentation, Trader Status and the Mark to Market Accounting Election.

Here is what you will learn:

  • Exactly what Trader Status is and how to 'get' it
  • Who shouldn't take Trader Status? (psst, the IRS is watching...)
  • If you take Trader Status, how do you fill out your tax return?
  • How do you declare income from your business if all you are doing is trading?
  • Do you have to pay self-employment taxes?
  • The five conditions the IRS uses to determine your filing status and what you can do about it
  • Can a Swing Trader qualify as a trader?
  • How many hours do you have to devote to trading in order to make it a business?
  • Can you have a full-time job and still qualify as a trader?
  • What you have to do on a daily basis to qualify as a trader?
  • Does having long-term holdings disqualify you from trading as a business?

Once you have achieved Trader Status, what does that mean to you?

It means is that you are now a business owner, and the gates of Tax Write-off Heaven open up wide!

Here is what IRS Code Section 162 (one of the biggest tax shelters available) states:

All "ordinary and necessary" business expenses are fully tax deductible!

Let's be clear. Instead of paying for trading expenses with after-tax income, you are now paying for expenses with before-tax income. The result is that you are reducing your taxable income, dollar for dollar. The result is less taxes and more cash in your pocket. The bottom line is: extra cash flow every month!!!

Just like our trader clients, you can easily learn how to write-off between $15,000-$25,000 in legitimate, IRS approved business expenses each year. Figuring a combined state and federal tax rate of 34%, that means $5,100-$8,500 in extra cash in your pocket each year, from just extra deductions alone.

Quick! Surprise Accounting Quiz:

If you were getting a 8% return on your investment, how much would you have to have invested to get $8,500 in cash each year?

Ding...times up. The answer is $106,250. That means you would need over $100,000 invested to get a return of $8,500. Instead, learn how to run your trading as a business, and get that kind of return by simply doing what you are already doing!

Why Haven't I Heard About This Before?

Most CPAs or tax professionals do not understand trader taxation. It is a very specialized area that relies heavily on tax court cases involving traders. There is also very little guidance from the IRS on trader taxation issues. Only in Publication 550 do we get a glimse of the IRS's thoughts on traders.

Due to the lack of widespread knowledge about Trader Status issues, we have been asked to write articles for SFO magazine, Pristine View, and Futures magazine, in just the last few months. In addition, we have been invited to speak at each of the International Traders Expos as well as with trader groups in Florida, Colorado, and California.

The knowledge you will receive in Trader Status and the Mark to Market Accounting Election is based on our experiences working with traders like yourself for over six years. Combined, the CPAs and Tax Attorneys of Traders Accounting have decades of professional experience helping small business owners maximize their tax savings, while at the same time dramatically lowering their audit risk.

Use Mark to Market Accounting and Avoid Wash Sales and Loss Carryforwards

The tax benefits of Trader Status are remarkable of themselves. But you may be shocked when you learn what Mark to Market Accounting can do for you.

Here are the two main benefits:

  • You eliminate the $3,000 Capital Loss limitation. For example, if you have a $10,000 loss, and you also have $80,000 in gross W-2 income from a day job, it would reduce your taxable amount from $80,000 to $70,000. If you don't have W-2 income, you would be able to apply the loss to previously filed tax returns from profitable years, and get a guaranteed refund from the IRS within six weeks. Not bad!
  • It eliminates the dreaded, misunderstood Wash Sale Rule. With MTM, you don't have to be concerned about buying and selling the same position over and over again, and spending way too much time on your Schedule D at the end of the year, trying to adjust your trades for wash sales.

Wow. If this sounds like it may be of benefit to you, you can learn all the details in our new CD-Rom, Trader Status and the Mark to Market Accounting Election.

Here is what you will learn:

  • How do you make the Mark to Market accounting election?
  • Who shouldn't make the election, and why not?
  • What is Form 3115 and how do you fill it out?
  • What to do if you have a large loss carryover?
  • What do you do if you need to change your accounting method back?
  • How do you report Mark to Market trades on your tax return?
  • What do you do if you are trading both futures and securities?

There is not much to dislike about the Mark to Market Accounting election, but there are some situations where it could be distastrous to make the election. You need to fully understand Mark to Market before making the election.

Special Offer...Order Today and Get the CD and Online Presentation for Only $79.95!

Here is what you will receive:

  1. Printable Manual: The presentation has been transcribed and is delivered as a PDF file for ease of download and printing.
  2. A CD-Rom is sent within 24 hours via Priority Mail.
  3. BONUS: Personalized 30+ page Tax Action Plan from Traders Accounting. As a purchaser of Trader Status and the Mark to Market Accounting Election, you will receive a Tax Action Plan Questionnaire. Simply fill it out and return it and you will receive a bound report detailing the steps you can take to maximize your tax savings and lower your audit risks.

Your purchase has a 100% satisfaction guarantee. If for any reason you are not fully satisfied, we will promptly and cheerfully refund 100% of your purchase price.

"To anyone who is getting involved into trading I believe it would be a great mistake not to involve yourself with Traders Accounting to learn all the tax principles."

- Glenn Routen, Cleveland, OH

What this means to you: Every week I talk to traders and investors who lost thousands of dollars in the grueling bear market from 2000 to 2003. Almost every single individual did not know about Trader Status and the Mark to Market Accounting Election. If they had known what was possible they could saved tens of thousands of dollars in most situations.

Consider Trader Status and the Mark to Market Accounting Election as your first meaningful step towards financial independence. For that reason, I urge you to watch this presentation as soon as possible.

To Your Prosperity,

Jim Crimmins,
President
Traders Accounting

P.S. Trader Status and the Mark to Market Accounting Election will teach you how to convert $15,000-$25,000 of personal expenses into deductible business expenses. Based on an average combined federal and state tax rate of 34%, that comes out to $5,100-8,500 in annual tax savings.
 

 
Testimonials
  • I was a floor trader in Chicago for over 20 years. All of the traders had their taxes done by one firm in Chicago that specialized in trading. I've...
    Tom Sosnoff, founder, thinkorswim.com
Comprehensive overview of trader taxation
Specific Recommendations to legally lower your taxes
FREE traders tax newsletter
Tax Action Plan
First Name
Last Name
Email
How Did You Originally Learn About Us?


Get your FREE 46 Page Tax Action Plan & Discount Offers on Future Services

News

+Home +Products +Services +Seminars +Newsletter +FAQs +About Us +Resources +Client Area +Contact Us +Sitemap +Webmasters +Privacy +

Traders Blog +YouTube