Dave Long and McKinna Lodder provide a clear, practical overview of the tax considerations U.S. day traders should understand when deciding how to structure their trading activity. The session will compare trading as an individual or sole proprietor, qualifying for Trader Tax Status, and operating through a business entity.
The webinar will examine the potential benefits, limitations, and tax implications associated with each structure, including how they may affect deductions, expenses, reporting, and overall tax planning. Dave and McKinna will also clarify common misconceptions and explain why the appropriate structure can vary based on an individual trader’s circumstances.
Through practical examples and side-by-side comparisons, attendees will gain a better understanding of the questions they should be asking when evaluating their own trading structure. The goal is to help traders become better informed and more prepared when working with a qualified tax professional to develop an approach appropriate for their trading business.