Preparation is only half the battle. True tax efficiency comes from planning ahead. Our experts work closely with you to develop a strategy that supports your trading goals while minimizing your tax exposure.
$200/Per Hour
Already have an entity formed for your trading? Not sure if you are set up properly for trading? Not sure how to use it? Give us a call.
$200/Per Hour
Active traders operate under tax rules that differ significantly from typical business or wage income reporting. Trading activity involves specific IRS standards, elections, and reporting considerations that are often unfamiliar to general accounting firms. Our Trader Tax & Entity Consulting service provides direct access to a specialist who works with trader taxation and explains how current rules may apply to your situation.
These consultations are designed to address your questions and outline available options. Whether you are unsure if you may qualify for Trader Tax Status, considering a Section 475(f) mark-to-market election, or reviewing possible entity structures, we walk through the regulations and discuss the potential tax implications before decisions are made so your trading activity is structured with awareness of current IRS rules.
Frequent trading activity can involve wash sale rules, capital versus ordinary treatment considerations, and specific reporting requirements. During a consultation, we review your trading activity, explain how the IRS generally evaluates it, and discuss possible tax treatments that may apply. We also cover retirement considerations, deduction eligibility concepts, and reporting obligations so you understand the rules and documentation expectations.
Many traders consider forming an LLC or S-Corporation but choose the wrong structure or elect it at the wrong time. Entity consulting focuses on whether forming a trading business is appropriate for your activity and, if so, which structure supports your tax strategy. We explain liability considerations, tax implications, and long-term planning so your entity works with your trading — not against it.
Many traders consider forming an LLC or S-Corporation but are uncertain how entity elections interact with trading activity. Entity consulting focuses on reviewing whether a trading entity may be appropriate and explaining how different structures are commonly treated for tax purposes. We discuss liability considerations, timing of elections, and long-term reporting considerations so you understand how entity choices may affect your trading activity.
Most accounting firms apply general business tax concepts to trading activity. Our firm focuses on trader taxation and explains the regulations that specifically apply to active trading, including qualification standards, election timing, and documentation expectations.
Rather than relying on generalized information, you receive a discussion based on the details you provide during the consultation. Each session outlines considerations and next steps so you can make informed decisions regarding your trading activity.
Since 1998, Trader’s Accounting has worked exclusively with active traders and day traders. Our professionals understand the unique tax implications of trading activity and stay up to date on evolving IRS rules and court interpretations.
We make it easy to stay compliant. Forget the guesswork, confusion, and missed deadlines. With our integrated tax preparation system, bookkeeping and entity management services, your records will always be accurate and audit-ready.
No two traders are exactly alike. Whether you’re an individual day trader, part of a trading partnership, or operating a corporate entity, we’ll tailor our approach to fit your needs, goals, and tax position.
Call us on 800-938-9513 to discuss Tax & Entity Consulting for Traders.