EDUCATION CENTER
IN THE MEDIA: FUTURES
April 2004: Article submission by Robert A. Green, CPA
to Futures magazine for the April 2004 issue. Currency traders face complexities
and nuances come tax time. Currency futures are treated like other types
of futures; your accounting is a snap and you enjoy lower 60/40 blended
tax rates. However, cash forex can be an accounting nightmare and you
face higher ordinary tax rates, unless you “elect out” of
IRC 988 for 60/40 treatment. Click
here to read the entire article submitted.
April 2003: "Our Robert Green, CPA was interviewed
at length for their April 2003 issue article on commodity trader tax returns,
filing tips and strategies. The writer used our "2003 Guide: Commodities
Traders Tax Law & Return Examples Guide (for filing 2002 tax returns
& 2003 business set-up)." View
it.
