Use Green’s 2020 Trader Tax Guide to receive every trader tax break you’re entitled to on your 2019 tax returns. Our 2020 guide covers the 2017 Tax Cuts and Jobs Act and the 2020 CARES Act’s impact on investors, traders, and investment managers. Learn various smart moves to make in 2020. Whether you self-prepare your tax returns or engage a CPA firm, this guide can help you through the process of optimizing your tax savings. Even though it may be too late for some tax breaks on 2019 tax returns, you can still use this guide to execute these tax strategies and elections for tax-year 2020. The 18 chapters cover trader tax status, Section 475 MTM, tax treatment (equities, 1256 contracts, options, ETFs, ETNs, forex, precious metals, cryptocurrencies, etc.), accounting for trading gains and losses, trading business expenses, tips for preparing tax returns, tax planning, entity solutions, retirement plan strategies, IRS and state tax controversy, traders in tax court, proprietary trading, investment management, international tax, Obamacare taxes, short selling, the Tax Cuts and Jobs Act, and the CARES Act. (Version 2 June 18, 2020).
Author(s): Robert A. Green CPA
Publisher: Green & Company, Inc.
Year: 2019
Language: English
Pages: 123
City: Ridgefield, CT
Tags: trading,accounting,tax,finance
2020-Green-Trader_12-06-19-front-cover
Highlights - 1
Chapter 1| Trader Tax Status - 7
Chapter 2| Section 475 MTM Accounting - 18
Chapter 3| Tax Treatment of Financial Products - 27
Chapter 4| Accounting for Trading Gains & Losses - 37
Chapter 5| Trading Business Expenses - 42
Chapter 6| Trader Tax Return Reporting Strategies - 50
Chapter 7| Entity Solutions - 56
Chapter 8| Retirement Plans - 65
Chapter 9| Tax Planning - 71
Chapter 10| Dealing with the IRS and States - 79
Chapter 11| Traders in Tax Court - 85
Chapter 12| Proprietary Trading - 92
Chapter 13| Investment Management - 96
Chapter 14| International Tax - 100
Chapter 15| Obamacare Individual Mandate & NIT - 107
Chapter 16| Short Selling - 111
Chapter 17| Tax Cuts and Jobs Act - 116