Many lose over 40 cents of every dollar earned to taxes! In the confusing area of day trader taxation, this is largely a result of few people knowing all of the possibilities available to them under the tax code. In fact, in one report issued by the General Accounting Office, it is estimated over 2.2 million taxpayers overpaid their taxes. Sadly, over one million of these tax returns were prepared by a third party. Not every tax preparer knows how to correctly prepare a return, especially when it comes to the specific rules governing day traders. Boyer Tax Services P.L.L.C. is the nation’s top day trading and trade accounting authority. We are the experts when it comes to IRS rules governing the day trading world.

Our firm of trader tax and accounting professionals has years of experience filing day trader tax returns for investors, sole proprietors, day trading corporations, and trader LLCs. For those only needing help reporting day trading activity, we can complete IRS form Schedule D, Form 6781, Form 4797, and the Forex trading gain and loss so you can include those forms with the rest of your return. We also prepare Form 3115 and the mark-to-market accounting election.

In addition to day trader tax preparation, our staff can assist you in deciding if trading as a business is beneficial for you. If you are a trader who could benefit from the use of a business structure, we will guide you in the entire establishment process, maintenance, and effective use of your day trading corporation or LLC. Every day trading entity we form includes more than the minimum requirements; helping ensure better asset and IRS protection compared to generic documentation from Legal Zoom and other online document mills.

Free Day Trader “Trader Tax Plan” Service

Start your journey to trading success now by allowing our team of day trading tax professionals to create a personalized trader tax plan just for you.

A day trader’s largest expense is taxes regardless of profit or loss. Our Day Trader Tax Plan is drafted to show you how to legally reduce this expense, saving money that can be used as additional trading capital. What’s more, your plan will show you structured methods for controlling human emotions that influence bad trading decisions.Read more about the benefits by clicking here!