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The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

A trend is not your friend The IRS won a few tax court cases over the past few years; disallowing trader tax status and IRC Section 475(f) mark-to-market accounting (MTM, ordinary loss treatment) for "close call" traders. Unfortunately for all business traders, a ... Read more

The Tax Reduction and Reform Act of 2007 (H.R. 3970) is still on the table. If enacted, it could have profound tax consequences for traders. By Robert A. Green, CPA You all know the popular line, "There are two things that are certain in life: death and taxes." Th ... Read more