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The Tax-Savvy Trader: Maximize Profits, Minimize Taxes

$47.00

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Are you leaving money on the table at tax time? As a trader, understanding the complexities of taxation is essential to keeping more of your hard-earned profits. "The Tax-Savvy Trader" is your ultimate guide to mastering tax strategies tailored specifically for traders.

This comprehensive eBook covers:

  • The differences between investor and Trader Tax Status (TTS) and why it matters.

  • How to legally deduct trading-related expenses and maximize your savings.

  • The tax treatment of various asset classes, including stocks, options, futures, cryptocurrencies, and forex.

  • Detailed guidance on navigating the wash sale rule and using Mark-to-Market (MTM) accounting.

  • Special considerations for prop firm traders and those earning 1099 income.

  • Advanced strategies for contributing to Solo 401(k)s, SEP IRAs, and other retirement plans.

  • Taxation tips for international traders and those dealing with state-specific tax rules.

With real-world case studies, actionable tips, and practical examples, this book empowers you to take control of your taxes and optimize your financial outcomes.

Whether you’re a day trader, swing trader, or prop firm trader, "The Tax-Savvy Trader" provides the tools and strategies you need to minimize your tax liabilities and keep more of your profits where they belong—in your account.