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Filing for Trader Tax Status

“In this world there is nothing that is certain except death and taxes” -Benjamin Franklin Green Trader Tax If you trade full time and even part-time you may be eligible for “trader tax status.” Trade tax status is especially important in you trade equities. The biggest advantage to claiming “trader tax status,” is the ability to elect Mark to Market accounting. MTM accounting allows the trader to treat capital gains and losses as ordinary gains and losses. Filing under “trader…

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Week 45 Analysis

A light week of news ahead relative to the monster truck rally of the fed last week. Ben Bernanke announced Wednesday that the US Central Bank it will buy $600 billion in long-term Treasuries over the next eight months. What is Quantitative Easing? Quantitative Easing or QE is a monetary policy implemented by the central bank to increase the money supply in the US Economy. In essence, the printing of money, except instead of printing pieces of paper with Lincoln,…

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