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    Tax Benefits of Starting a LLC or Corp for Retail Trader

    ---One thing that concerns me with forming an LLC to trade is you would have to deal with payroll tax. If you have a pass through entity you are an employee and any salary you draw would be subject to both sides of the payroll tax (over 14%) --- you don't have to. LLC are pass through by...
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    Slump in trading volume threatens Wall Street

    here we go.. as i said above- as long as pensions money keeps flowing-we have no problem..up we go..get this through your head-there is no sellers, only buyers :D
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    Slump in trading volume threatens Wall Street

    here we go....that would be a good start :D
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    "Government done shut down the #EBT cards"

    ughhh..russian aren't alone.. http://www.nytimes.com/2014/01/08/nyregion/retired-new-york-officers-and-firefighters-charged-in-social-security-scheme.html?hp&_r=1& i'm absolutely certain that we have hundreds of them in every state or even county..slip and fall right before retirement...
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    Tax Benefits of Starting a LLC or Corp for Retail Trader

    yep..i really like to know how Mr Green come up with it. i kind of know what to expect,but i would appreciate an explanation from primary source.
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    Slump in trading volume threatens Wall Street

    well..they get what they deserve. you squeeze all retail, then prop shops ,come up with some really neat s**t like subpenny for 'chosen ones' and believe that you are kings now with all your fancy HFT s**t? oops...back to reality,here comes gravity(Eminem)..now it's dog eat dog games. didn't...
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    JPMorgan Chase Faces $2B Madoff Penalty

    people tried that and it didn't' worked. http://en.wikipedia.org/wiki/Harry_Markopolos if you have criminals in DC at the top,what else you should expect from the system? http://news.yahoo.com/senator-ron-johnson-sue-over-healthcare-subsidy-congress-142441551--sector.html btw-the...
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    market weakness

    :confused: :confused: :confused:
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    Tax Benefits of Starting a LLC or Corp for Retail Trader

    i've been there and understand that. and so should IRS
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    Tax Benefits of Starting a LLC or Corp for Retail Trader

    feel free to ask Green about it. see reference to original IRS link above read more from links on first page to get an idea what trader status and M2M accounting gives you. main benefit of all this is ability to write off losses(not 3K per year when you file in your personal taxes) and...
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    Tax Benefits of Starting a LLC or Corp for Retail Trader

    --I will be inelgible for active trader status because I am "automated". -- how did you come up with this 'conclusion'? all i see is this- --- “Taxpayers’ trading activity must be substantial, regular, frequent, and continuous.-- it doesn't say automated or not on IRS page...
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    Tax Benefits of Starting a LLC or Corp for Retail Trader

    depends on on how you file. if it's just simple return-then it's not that hard to do it yourself on turbotax for corps\LLC. personally-my accountant charge me couple hundreds for 4 returns(including LLC). i can do it myself,but at this price it's simply not worth it. BUT! if you elect M2M...
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    Tax Benefits of Starting a LLC or Corp for Retail Trader

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=226256&highlight=LLC http://www.elitetrader.com/vb/showthread.php?s=&threadid=225793&highlight=LLC http://www.elitetrader.com/vb/showthread.php?s=&threadid=157238&highlight=LLC...
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    Tax Benefits of Starting a LLC or Corp for Retail Trader

    it's been discussed i don't even know how many times. try to use search. as for pro fees-there is an easy way around that-just open an retail account and use it data feed. or get data from a separate data provider(like IQ feed for example). i've done that decade ago with IB. two accounts,side to...
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    "Generation Wait"; Percentage of Young Adults Moving Hits 50-Year Low

    -- Perhaps you had a different experience...--- i should add-and probably in different field. if you are going for a pre med things like chemistry and biology won't fly from community college. the courses are too weak
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    "60 Minutes" Runs "H.F.T.S." story again on August 11, 2013

    liquidity providers my a** ---Gold futures hold above $1,240 after 'flash crash'---...
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    "Generation Wait"; Percentage of Young Adults Moving Hits 50-Year Low

    +1. problem is-it's a nearly impossible to avoid that huge pile of debt at current price levels. the system is neatly designed to extract as much money as possible from the student and to keep him as long as possible in the college. in many fields if you spend first two years in community...
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    "Generation Wait"; Percentage of Young Adults Moving Hits 50-Year Low

    Senator Ron Johnson to sue over healthcare subsidy for Congress http://news.yahoo.com/senator-ron-johnson-sue-over-healthcare-subsidy-congress-142441551--sector.html boy oh boy..they are no better than WS boys. same bunch of crooks and liars
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    Can "Joe Retail" switch to the big time?

    are you sure that your returns aren't caused by this super bull market(ie-not random)? all i'm trying to say is that imo true professional in this business should outperform market and deliver reasonable profits in any environment(bull or bear). can you do that? or your goal(as we are...
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    bogus guru thread

    ---Chances are these "sophisticated investors" made their money in a similar fashion, albeit in a different industry.-- +1
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