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Part of the survival for any successful trader is cash flow management. The largest expense a trader has, whether the trader makes or loses money, is taxes. Every dollar spent on taxes means one less dollar to trade with. With this in mind, it is obvious as traders we have an obligation to do everything possible to keep as much money in our brokerage accounts as possible.
Trace will teach you about increasing your cash flow through trading as a business. In his presentation, he will lead you through an interactive workshop on:
- Trading as a sole proprietor
- The IRS "special rules" surrounding "Traders Status"
- The Frank Chen Tax Court Case, and what it means to all traders
- The advantages and disadvantages of trading as a formalized business--what type of trader would use a formal business
- Partnerships
- LLCs
- Corporations
- Mark to Market
- A panacea or an empty promise for a trader
- Trading in a retirement account
- What is the best way to approach this
Register Now to Join Us for this Event
Trace is the leading entity formation coach and business development specialist for Traders Accounting, America's leading tax provider for active traders.
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