whats involved

[tiddlywinks]

You've totally missed the point

And which point is that...
1) The OP has put the cart in front of the horse regarding taxation concerns.
2) The OP has no clue about trading (futures).
3) The OP would be better served, first by developing a profitable strategy.
4) You are a self-proclaimed unidirectional expert guru of all things trading.

 

[Buy1Sell2]

And which point is that...
1) The OP has put the cart in front of the horse regarding taxation concerns.
2) The OP has no clue about trading (futures).
3) The OP would be better served, first by developing a profitable strategy.
4) You are a self-proclaimed unidirectional expert guru of all things trading.

Number 4 is not an option. Select which point of the 1st 3 applies and get back to us.

 

[Steve Alexander]

i am starting to trade fulltime and want to register a llc corp . I only trade futures . is it that hard to do accounting . I called a few and just to register a llc + get tax id number that cost a total of $150 i have gotten quotes of $2500 - $3500 . I have a auto business and do all my own taxes . From what i read futures you just need to report the 1099 and dont need to have details on each trade like stocks .

You need two experts on your team - an accountant and a corporate attorney. From your post, i gather that you have neither. Good luck.

 

[watchdaride]

being in business for 25 yrs just because a company charges twice as much as another doesnt make the service twice as better.Companies like that are high marketing guys that dont have alot behind it once you sign on the dotted line . That trader accounting charging $2500 to set up a trading accounting company after researching they have negative reviews and looks like a high marketing firm that scare people that with out there help we will get audited . Found a company thats small with great reviews and not some high marketing place which i will go with ..