CPA Firm for Active Traders Day Trader Accountants Day Trader Accountants Contact Us Day Trader Tax Inquiry
edaytradertax.com
CPA Firm for Active Traders
CPA Secrets

Be afraid...be very afraid...

Be very careful who prepares your tax return
Stay away from any preparer who "guarantees" a refund, or who gets paid on the basis of how much you get back. Remember that what you get back is a function of how much you had estimated or withheld in the first place. The IRS has a hit list of preparers with a history of problems, and clients of these preparers are more likely to be audited.
Be afraid, very afraid, of any tax preparer who knows tax-planning techniques that no one else knows...
Steer clear of questionable shelters
Stay away from tax shelters that promise you deductions so large you actually "make money" on the tax savings. They are typically based on an over-valuation of assets on which the IRS can nail you in an audit. If a shelter seems too good to be real, it's probably not legitimate.
What do you Trade?
Securities and/or Options
Mark-to-Market Securities
Futures
Forex
What type of Trader
are you?
Ask yourself this first
Investor
Trader
Trader with Mark-to-Market
Brokers supported
IRS on Traders
Knowledge Center
Deductions
Home Office Expense
Legal
Incorporation
Wash Sale
Tax Myths
Resource Center
IRS Forms
Traders' Toolbox
Traders' Bookshelf
Tax Related Sites
Clients
Secure Payment
Returning Client Quote
Miscellaneous
Client Testimonials
Send Feedback
Partners
Privacy Policy
Disclaimer
Meany & Dedek LLC ~ 715 N. Brinton Ave ~ Dixon, IL 61021
Telephone (815) 284-8077 ~ Fax (815) 366-3902
Copyright © 2000- Meany & Dedek LLC. All rights reserved.
No portions of these documents may be reproduced or quoted without prior express permission.
Disclaimer