INVESTORS
SERVICES: CONSULTING

Tax topics are complex. Don't try to figure them out yourself and get the expert answers you need. Many investors sign up for a consultation to discuss their tax situation.

Some of the most common questions asked are: Do I qualify for trader tax status? Can I benefit from an entity? How should I handle certain complex trade transactions? How can I lower my tax bill and avoid unutilized losses and deductions?

If you have any questions about our consultations, please contact us at info@greencompany.com or call us.

Popular topics for consultations

Reviews: Our investor tax experts (all of them are CPAs) review your 2003 (and/or prior year) tax returns before you file them, checking for errors. We are the leading investor tax preparation experts, and you will benefit from our firm's "second opinion." We work directly with your other tax preparer, and we provide both of you with the necessary corrections and ideas for improved tax savings. To get started, simply purchase a 15-minute consultation with a GTT CPA.

Entities: The best reason for an investor entity is to establish a retirement plan and/or other tax-deductible and tax-deferred employee benefit plans. These are not available for unincorporated investors. Before you take the entity plunge, though, you should consult directly with our Robert A. Green, CPA.. He literally wrote the book on investor and trader entities. (See his many articles on the subject in Active Trader magazine.)

Retirement Plans: Trading gains are not "earned income;" therefore, you cannot set up a retirement plan account in connection with trading. However, you can form an investment company entity, generate income in that entity (from trading or other revenues), pay yourself a salary or a fee (which is earned income), and then set up a retirement account. The thing to decide is what type of entity you want to create and what type of retirement plan you want to start. We consult you on all these issues. We can also show you how to integrate an investment company retirement plan into another plan you may be enrolled in through your current employer. Recent tax law changes increased deductible contributions significantly, and having a retirement plan is too good a deal to pass up. Many investors also want to know if and how they can trade their retirement plan capital. Others need to borrow money from their retirement plans. We can consult you on this as well.

IRS exams, notices and collections: Unfortunately, many active investors did not use our firm in prior years and made some errors on their tax return. As a result, they may have caused themselves to be audited. In our opinion, the IRS has been absent from the audit business for many years. However, we think the IRS has reawakened, and they want to raise revenue and force better taxpayer compliance. IRS agents often have trouble with complex investment transactions, and if you get audited they will certainly question these areas of your tax return. Don't panic – we can show you proven ways to stop the auditors in their tracks and close your case with no changes. This is just what we have done for many investors. If the IRS is on your back for late filing, non-filing, penalties, collections or other things, contact us for help. We may be able to fix your IRS problems right away and put their collections on immediate 'hold" while we help resolve your issues.