Tax Tips for Traders: Plus! How to Set Up Your Trading Business the Right Way with Tommy Thornburgh
TRADEway • April 9, 2021
Your stock trading business is thriving. What now?
"Now raise your right hand, and repeat after me: 'I solemnly swear not to do my own taxes, and I probably won't mow my grass anymore.'" - David Mitchell
Today we're going to have FUN talking taxes.
No, we are not
messing with you!
In this episode, Tommy Thornburgh & David Mitchell will cover...
- Why you do NOT need to be doing your own taxes, especially if you're a trader
- How doing your taxes relates to mowing your lawn, and how this can make you more like Warren Buffet 😉
- Business credit and why it's important
- Why you want to protect yourself from lawsuits (even if you think 'that could never happen to me')
"It's not a matter of cheating the system. We want to do things by the book. But if that book is 72,000+ pages, that gives us a lot of area to be able to find deductions that ultimately keep money in the entrepreneur's pocket." - Tommy Thornburgh, President of Prime Corporate Services
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- Tommy Thornburgh (Prime Corporate Services)
- Tom Sosnoff (tastytrade)
- Sharon Lechter (Rich Dad, Poor Dad)
- David Mitchell (TRADEway)
- Dr. Myron Golden (Best-selling author/business coach)
- Joe Johnson (Oxlos)
And many more!
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