Visit our new Green NFH online store to shop for our professional services. Quick link for IRS Representation section.

Additional Information:

The Traders Podcast with Rob Booker. Interview of Robert A. Green, CPA
Episode 57: What to Do If You Get Audited for Traders. Monday, June 25, 2012. It's around 27 minutes.
See the full description by Rob Booker.
We have a full chapter on IRS exams in Green's 2012 Trader Tax Guide.

See many testimonials about our successful exam services. Click here.

We have the fewest traders examined, and the best record in dealing with the IRS
Less then a hand full of our trader preparation clients have been examined by the IRS over the past four years, since the new trader tax laws were passed. To date, we have won all exams, but a few are still in progress and are proving to be protracted.

Our competitors are actually causing their traders to be examined, and their traders have no choice but to hire GTT to fix and win their case.

We have also been engaged by many traders who want us to represent them before the IRS after their tax preparer botched their returns. Wow! We can't believe all the horrible work we have seen, including many returns done by our copy cat competitors who profess to be trader tax experts.

In many cases, we believe the tax preparers caused the exam. For example, one of the most famous trader tax experts tells traders to report mark-to-market trading losses on Schedule C (Profit or Loss from Business). He probably has his firm prepare returns this way, as well. This is entirely wrong, as mark-to-market trading losses are reportable on Form 4797. Any trader can find this information on the IRS Web site (search for Day Trader). See our Alert page for more information about the sloppy and erroneous work done by our would-be competitors.

What you should do if you get an IRS exam notice?
We highly recommend that you send us - with our ShareFile system - your IRS tax notices and replies as well as the tax return being examined. See our Privacy Policy. We keep your fax and tax information entirely confidential. We will quickly reply to you if we think we can help and win your case. We don't want to take on the aggravation of a potentially losing case.

If you have any questions, send us a confidential e-mail at or call us. We will tell you the next step to take. Remember, we won’t seek a retainer to sign you up unless we are confident we can win your case.

Highlighted Recent Recordings:

*Entities & Employee-Benefit Plans
*Current Developments in Tax Law that Affect Traders
*Accounting for Traders
*The Section 1256 club is hard to get into: Futures on foreign exchanges often donít qualify
*Puerto Ricoís tax haven status
*Entities: A key update on trading entities and management companies
* 2013 Tax Filings For Traders & 2014 Tax Planning
*Forex Tax Treatment & Planning
*Trader Tax Law Update: Current Developments
*2014 Tax Planning & Will an Entity Help Lower Your Tax Bill?
*Audits of Performance Records

Trader Tax Center

Tax Newsletter & Calculators

Highlights (see the full archive):

Aug 19: Foreign partners in a U.S. trading partnership can be tax free Read More

Aug 13: IRS warns Section 475 traders Read More

June 20: Tax treatment for Nadex binary options Read More

June 19: IRS softens its stance for some taxpayers with undeclared offshore accounts Read More

June 12: IRA rollover rule changes Read More

June 6: Bitcoin is not reported on 2013 FBARs Read More

June 5: Tax deadlines in June: U.S. residents abroad and FBAR Read More

June 2: Tax treatment for foreign futures Read More

May 21: Bitcoin tax update: Can business traders apply Section 475 elections to bitcoin trades? Read More

May 13: Puerto Ricoís tax haven status is tailor made for investors, traders and investment managers Read More

May 6: Entities: A key update on trading entities and management companies Read More

Mar 25: IRS guidance on bitcoin transactions will chill its use Read More

Feb 27: Another trader tax court loss (Assaderaghi) Read More

Feb 1: Net investment tax details Read More

Dec 4: IRS final regulations for Net Investment Tax help traders. Read More

Dec 3: Bitcoin is a hot commodity, but is it taxed like commodities, assets, or currencies? Read More

Nov 15: Another non-business trader gets busted in tax court trying to cheat the IRS. Read More

Nov 6: Hedge fund investors depend on ďassuranceĒ from quality independent CPA firms. Read More

Oct 29: ObamaCare taxes are starting to affect traders. Read More

Aug 30: The Tax Court Was Right To Deny Endicott Trader Tax Status Read More

Aug 18: Common trader tax mistakes Read More

July 24: Learn the DOs and DONíTs of using IRAs and other retirement plans in trading activities and alternative investments Read More

GreenTrader blog archive, Forbes blog, Benzinga blog.


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