At Trader’s Accounting, our philosophy is: you trade and we’ll do the rest. We are the nation’s leading resource for personal and professional tax advice, trader accounting services, and trader tax preparation services. We strive to provide specialized services for active traders which maximum efficiency, reduce liability risk, and provide wealth-building and preservation opportunities. Our services are also available for individuals and other businesses, but trading is our specialty.
Take a look at the services we offer for day and active traders below and contact us find out how we can help you today!
Trader Tax Preparation Services
New & Existing Personal Tax Returns (Form 1040)
The 1040 form is used by U.S. taxpayers to file their annual income tax return. Our accountants will prepare your 1040 form for your individual income tax return.
New & Existing LLC Tax Returns (Form 1065)
Partnerships must file an information return in order to report their income, gains, losses, credits, deductions, etc. A partnership doesn’t pay tax on its income, but instead passes through any profits or losses to its partners, which is then reported on their personal 1040 return. We’ll prepare a 1065 form for your return of partnership income.
New & Existing C Corporation Tax Returns (Form 1120)
Domestic corporations use 1120 forms to not only report their income, gains, losses, deductions and credits, but also to figure their income tax liability. Let our tax preparation services help you prepare your C Corporation tax return today.
Tax Form 1099 Preparation
The 1099 form reports income from self-employment earnings, dividends and interest, government payments and more. Our tax preparation services team can help prepare your 1099 form today.
Foreign Financial Accounts Disclosure FinCEN Form 114 (Formerly Form TD F 90-22.1)
If you or your entity has a financial interest or signature authority over a foreign account or asset, you may need to file this form. The FinCEN form is filed separately from your income tax return. Let our team prepare this form for you.
Trader Tax Planning Services
Our tax advisors have advanced training and in-depth knowledge of tax law pertaining to traders to help you achieve both your personal and business goals today. The top-notch team at Traders Accounting will help you navigate what can be a very confusing and complicated system of rules, deductions and elections.
Market-to-Market Election Coaching
Opting for mark-to-market election is a critical choice for tax purposes. Every trader must carefully consider this option as there are benefits for all traders, but there are also circumstances where certain tax situations can limit these advantages. If you have any doubts or just want to make sure you’re making the right decision for your trading, let our trader accounting team guide you in the right direction.
Other Accounting Services for Traders
Basic & Platinum Business Entity Filing
With our trader accounting services, we’ve got you covered when it comes to entity filing. We offer Basic Business Entity Formation, which includes the Articles, State and EIN numbers and crucial paperwork that is needed in order to properly open a bank and brokerage account. Our Platinum Business Entity services include the Articles, State and EIN numbers and crucial paperwork that is needed in order to properly open a bank and brokerage account, along with bookkeeping services for six months, entity consulting services for three months, and the first year’s business return!
Business Entity Dissolution (with & without Tax Return)
Stopped trading? Then it’s time to dissolve your entity with our dissolution trader tax services. With our Entity Dissolution service, we’ll assist you in properly shutting down your business. This will include a coaching call on the process of shutting down all bank and brokerage accounts, dissolving your entity at the state level, and preparing and filing your final tax return for you.
New & Renewal Bookkeeping
Bookkeeping is the recording of financial transactions and is a vital process of business accounting. With our trader bookkeeping services, you’ll receive 12 or more months of prepaid professional assistance to keep your business organized and on track.
Annual Business Meeting Consultation
Did you know that you must hold at least one annual meeting per year whether you own an LLC and/or a corporation? A meeting must also be held if any important business decisions need to be made. Our team will work with you to go over and review the many considerations that need to be taken into account when holding your Annual Meeting.
Pension Plan Administration
Our Pension Plan Administration services can help you create any potential amendments, review annual tax returns and go over plan loans to ensure terms are being met. We also provide an annual checkup of plan data and give you access to a knowledgeable administrator to consult with and answer any questions you may have.
Traders Accounting is here to help you and provide all of your personal, business, and day trading tax services. Have a question or need more information? Reach out to our team today to get started with a free consultation!