TRADERS ADVOCACY

October 25, 2011: We changed our name from GreenTraderTax Traders Association to Traders Advocacy. We also have a new separate Website at http://www.tradersadvocacy.org/.

Our goal is to defend the tax, regulatory and business interests of the trading industry, including small-business retail traders, proprietary traders, investment-management businesses and ancillary businesses in the trading industry.

TradersAdvocacy.org is a non-commercial organization. Our leader Robert A. Green and others write commentary on the Internet and blogs and speak in Podcasts, Webcasts, to the media and at trade shows and events to promote traders' interests and fight off attacks on our industry from Congress, the IRS, the media and others.

We’ve been successful to date in fighting off the financial-transaction tax. We craft and sign Petitions to Congress and fight each attempt against us on a grass roots level.

Our current campaigns include the following:

Fighting against a financial-transaction tax.

Educating our traders about new CFTC forex trading rules that may hurt forex traders.

Spreading the word about the problems and opportunities caused by Dodd-Frank Fin Reg.

Prop Trading Firm Alert: FINRA and SEC enforcement against the industry.

Tax hikes may be coming soon on the investment industry. A brand new one may be an attack on lower 60/40 futures tax rates. Click here to read our July 12, 2011 blog on this subject.

Trader tax benefits. Traders face difficulty on claiming “trader tax status” (business treatment) and related tax benefits. Federal tax rules for trader tax status are vague and IRS agents can be difficult in exams, which are increasingly on the rise.

Lately, a few states like Arizona and Kentucky have been making life difficult for traders in state tax exams too. In a few cases, Traders Advocacy has intervened for traders at our expense. Small-business traders need us in their corner.