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The Tax Guide for Traders, by Robert A. Green
Ebook The Tax Guide for Traders, by Robert A. Green
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Taxes play an integral role in trading success, yet no book today clearly and adequately explains the tax issues that are unique to active traders and investors. The Tax Guide for Traders provides traders with practical material on how to minimize the impact taxes have on their hard-won profits.
Written in a hands-on style that appeals to traders as opposed to accountants, it discusses the best ways to set up a trading business, key tax forms and how to use them, tax treatment for specific types of securities, what to do in case of an audit, and much more.
- Sales Rank: #558289 in Books
- Brand: Robert A Green
- Published on: 2004-10-18
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x 1.00" w x 6.30" l, 1.32 pounds
- Binding: Hardcover
- 400 pages
- The Tax Guide for Traders
About the Author
Robert A. Green, C.P.A. is the CEO of GreenTraderTax.com, which specializes in tax information and services for traders, investors, and the financial industry.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Thorough Explanation of Tax ramifications every Trader must know
By Kindle Customer
This book covers all the essential aspects of your federal tax obligation as a financial trader. Green fully explains the IRS designation of "Trader Status" which once achieved grants the trader several tax advantages and benefits. But achieving Trader Status in the eyes of the IRS is quite difficult to do and very few traders actually do achieve it. So Green also goes into legal ways to enjoy most of the benefits of Trader Status by setting up an entity (e.g. an LLC) and trading through that entity.
Thoroughly researched it answers the big questions that every trader and aspiring trader needs to know to protect his or her business.
The reasons I didn't give it 5 stars are that
1) Green sprinkles acronyms liberally throughout the book and it's a bit difficult to find their meaning.
2) While the book is divided into chapters, the tone of the writing gives it a feel of all the topics running together.
3 of 3 people found the following review helpful.
The perfect place to start.
By Kindle Customer
This book is the perfect starting point. As a professional trader I needed a go to resource for tax information. I could have sought the advice of a local CPA but I needed a resource I could go to at anytime. This book provided exactly what I needed. I initially started using the book like an everyday reader. Now I use the book as if it were a desk reference. The latter method worked the best with the former method serving as a form of mental torture. That is not to say the book is horribly written as some have stated. I only used the term mental torture for descriptive purposes. This is a must have for any trader that has the drive to do it oneself as I am sure most if not all of us traders are. If the review sounds too biased, feel free to view all of my reviews. You will see the products which I have written reviews are all across the board. I am in no way affiliated with anyone that pays for positive reviews. The thought of it seems like a waste of time. I would rather be trading making real money.
1 of 1 people found the following review helpful.
Good information.
By shawnCA
This is a good book for stock traders. Many examples of how you should file your taxes. Advice on what you can do to help minimize your tax bill.
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