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traders tax planning???

Anything related to investing, including crypto
Taxes and regulation

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CarrieW

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anyone have any ideas on where to look for info on this... i mean like really detailed info. i need to do the research myself.(I likely wont do my own returns as they get more complex but i need to know what to expect and what to look out for!)

I am looking to day trade for quite some time and really need to know what im getting myself into as much as possible with taxation and how the money is treated, what % of tax I will need to pay ect...

I honestly dont think that any of the accountants I speak with will know the real deal about forex trading rules. when people "think" they know something they really dont thats really dangerous... ive caught several mistakes accountants have made on returns of mine(way more basic then what i need now) and so now i dont really trust them anymore, honestly lol...

any ideas?

sorry i didnt realize there was a tax forum here too! LOL
 
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Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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