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Tax Tips For Traders Preparing 2022 Tax Returns

Por: Forbes Business February 17, 2023

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ShutterstockShutterstock Trader tax status (TTS) is the ticket to tax savings. If you qualify, you can claim some tax breaks, such as business expenses, after the fact and elect and set up other tax breaks — like Section 475 MTM accounting (tax loss insurance) and health insurance and retirement plan deductions through an S-Corp— on a timely basis. TTS vs. Section 475 MTM accounting If you qualified for TTS in 2022, you could claim business... + full article



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