The Trader Tax Status (TTS) is for taxpayers who make a living selling and buying securities. The scheme has numerous benefits for day traders, such as remitting business expenses,...
Traders can enjoy significant tax savings and here are some rules that the IRS checks before qualifying traders.Hours: It would help if you spent at least four hours per day trading...
The trader tax status (TTS) constitutes the treatment of business expenses and offers several significant tax advantages to qualified active traders. The first step is to determine...