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What Forming an LLC Can Do for You as a Trader
If you’re new to being a full-time active day trader, there are a lot of decisions you have to make. One such area you have to consider is taxes. You make every purchase and sale that you do at the...
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Why Active Day Traders Should Not Use an S-Corporation
When you decide to become a full-time active day trader, you have a number of choices when it comes to structuring your business from a tax and legal standpoint. Establishing a legal entity for your...
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How Do Day Traders Make Money?
Day trading has always had a kind of mystique about it for those who are not in the field. It’s an intriguing world, full of dynamic markets and thinking on your feet. If you’ve ever considered getting...
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Why Do Day Traders Need an Accountant?
As a day trader, you know how exciting your job can be. Each day presents a new opportunity to capitalize on your vast knowledge to make shrewd trades. But, while the financial markets and trading...
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What You Need to Know About Tax Terminology for Traders
As day traders navigate the tumultuous waves of the stock market, it’s essential that they don’t lose sight of the equally complex world of taxes. The terminology can sometimes feel like learning a...
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How Do I Become a Day Trader?
There’s so much appeal to the world of day trading. You have the opportunity to bring in lucrative returns, set your own schedule, and be your own boss, all while working from home. You might be...
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What Expenses You Can’t Write Off as a Day Trader
The allure of day trading often comes with visions of profits, independence, and high-octane decision-making. However, just as crucial to a trader’s success is understanding the world of taxation....
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What You Should Know About the Home Office Expense Deduction
In today’s era, more and more professionals are opting to work from home. Whether you’re a seasoned day trader or just starting out, there’s a good chance you’re conducting a significant portion of...
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