Trader Tax Status with Steve Ribble (ShrinkMyTaxes.com) Pt.1

http://marketheist.com/events - December 8, 2010 at 7pm EST

Whether you are a day trader or swing trader, qualifying for trader tax status can help you save thousands of dollars in taxes every year. In this presentation, tax expert and trader Steve Ribble will show you what the IRS looks for in qualifying for trader tax status, why you should elect trader tax status, and the benefits of electing mark to market accounting. Steve will also discuss some Frequently Asked Questions (FAQ) about trader taxation. Stock, Futures/Commodity, and Forex traders should not miss this!

Topics Steve will cover:
Investor vs Trader How To Qualify As A Trader Benefits of Trader Taxation Sample Possible Deductions for Traders Mark to Market Accounting Electing M2M

ABOUT STEVE RIBBLE

Website: http://ShrinkMyTaxes.com
Twitter: @ShrinkMyTaxes
Steve Ribble has been involved with the securities markets since 1991 in various capacities. He was VP at Principal Financial Securities 1995 to 1998 and Regional Vice President Deutsche Bank Asset Management 1998 to 2008. Steve started doing taxes about 10 yrs ago while still at Deutsche Bank. He started Shrink My Taxes to focus on proactive tax planning and tax services. Trader tax issues were a natural combination of his 2 passions. Steve has 4 full time tax professionals with over 70 years of combined tax experience working with him, currently serving over 2000 clients. In his free time (away from taxes and the markets) he coaches his son's U-12 soccer team and study Wing Chun Kung Fu.

PRESENTED BY: http://MarketHeist.com with http://HamzeiAnalytics.com

Category:

Education

Tags:

• trader tax
• IRS
• trader tax status
• investing tax
• IRA
• 401k
• day trading tax
• futures trading tax
• trader tax bracket
• mark to market accounting
• m2m accounting
• liquid net worth
• Financial planning
• irs schedule c