Traders Accounting is a resource to many individuals looking for knowledge on trader status and taxation. We are industry leaders for the active trader and have experience preparing income tax returns for active day traders. A traditional accountant or box store front tax firm may not have the expertise necessary to deliver results that specifically cater to the day trader.
There are hundreds of forms and schedules designed to provide information to the IRS. It can be challenging for the average tax payer to determine which form or schedule should be used to report what information. Below are some of the forms and schedules that we see when preparing our clients’ returns. First time clients subject to a $100 setup fee.