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Forex Trading Taxes

December 4th, 2010 Admin Leave a comment Go to comments

forex trading taxes
how can i pay my taxes if i have busnies on the internet like foreX trading.. they dont do it for us :( HelPP

how can i pay my taxes if i have busnies on the internet like foreX trading. or amazon store i have on my web site www.dove4.com they dont do it for us they always tell us to ask some one who has experience in doing taxes papers (foreX trading)please help me with that i dont know anything about taxes and i dont wana to get in trouble is there any one can help me with that?

Forex trading should send you some kind of papers showing the information needed to prepare your taxes. For the amazon store, you need to keep the records yourself of all of your sales and revenue, and any associated expenses like buying the items in the first place, fees you pay, and shipping.

You need to take all of the above info to a CPA or enrolled agent and have them prepare your tax return. This is not something you should take to a storefront tax place like H&R Block or Jackson Hewitt.

Trader Tax Status with Steve Ribble (ShrinkMyTaxes.com) Pt.1


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