As an active trader, you have a lot of different things on your plate on any given day. You need to stay up on what’s happening with the stock market so that you can make transactions that make sense for you. You also need to put in work to complete transactions in a timely fashion so that you don’t miss out on scooping up stocks or selling them off at the right price. And while all of this is going on, you also need to keep accurate records so that you have them handy come tax time. By practicing good bookkeeping, you’ll have everything you need to file your taxes when the times comes.
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