Trader Accounting can be complex with cost basis reporting and wash sale adjustments across multiple brokerage accounts. Accounting for trading gains and losses is the responsibility of traders; they must report each securities trade and related wash-sale loss adjustments on IRS Form 8949 in compliance with section 1091, which then feeds Schedule D (Capital Gains and Losses). If you feel lost in trying to reconcile your gains and losses for the year allow us to help you.
You provide us with your trade related activity for the year and we generate Form 8949 or Form 4797 in a manner that is compliant with Section 1091 wash sale rules for taxpayers. We also prepare Form 6781 for Section 1256 contracts and prepare the necessary tax forms for reporting FOREX transactions.How to protect people from counterfeit drugs
