Trader Status Web Site
We tried to provide all the essentials in our Tax
Guide for Traders. There are plenty of other web sites that
provide additional tax information for traders. Most of them are truly
awful, however. For some reason, people with little genuine knowledge of
this area feel free to set themselves up as experts, providing
misinformation and Lord only knows what kind of service to their
Fortunately, we've found one other site maintained by
a tax pro with genuine knowledge in this area. Colin Cody has been
helping people on the Internet for years, and I was pleased when he
decided to establish his own web site with a focus on trader tax issues.
His Trader Status web site at http://www.traderstatus.com
provides information on various topics of interest to traders.
Perhaps most intriguing is his Tax
Advice Hall of Shame. It isn't surprising to me that he found
so many examples of incorrect statements about trader taxation ? after
all, he had so many to choose from. But Deloitte & Touche?
C'mon, you guys are supposed to know better!
by Kaye Thomas
publication of Fairmark Press Inc.
Copyright 1997-2015, Kaye A. Thomas
All rights reserved