W Wallyatx May 30, 2008 #1 I started day trading 1 year ago. I currently work for a prop firm and have a personal acct for long term trades. I am meeting with a CPA next week and wanted to hear from traders what is the best way to be set up for tax advantages? Thank you
I started day trading 1 year ago. I currently work for a prop firm and have a personal acct for long term trades. I am meeting with a CPA next week and wanted to hear from traders what is the best way to be set up for tax advantages? Thank you
W wildkactus Guest May 30, 2008 #2 This is the 20 million dollar question. I am setup offshore and run everything that way but, this may not be the best setup for you. The best thing would be to meet with several good CPA's / lawyers to get the setup that is right for you.
This is the 20 million dollar question. I am setup offshore and run everything that way but, this may not be the best setup for you. The best thing would be to meet with several good CPA's / lawyers to get the setup that is right for you.
