Traders Accounting - Tax Resource for Traders

Traders Accounting is an accounting firm providing specialized services to active traders. If you are an active trader you need our services. We are the leading accounting agency for active traders in the United States and we want to provide you with the complete government subsidies awarded by the IRS specifically to day traders. In less than a 20 minute phone call to one of our Trader Coaches you can start adding $5,177, or more, every year to your brokerage account.

Thursday, August 6, 2009

IRS will put more suspected under-reporters on the honor system next year.

It will send notices to another 30,000 filers to tell them about discrepancies between 1099 forms and what was shown on their 2009 returns. IRS will suggest that these taxpayers either amend their returns or have 1099 issuers fix any errors. It will check the 2010 tax returns of these filers to see if the underreporting stopped. If they report the money on their 2010 returns, IRS will give them a pass for 2009. It's already monitoring 30,000 taxpayers who got notices about their 2008 returns.