The New Trader's Tax Solution: Money-Saving Strategies for the Serious Investor, 2nd Edition, Updated (Hardcover)

~ Ted Tesser (Author) "In this book, I provide a framework that provides you with a better opportunity to master the technicalities of income tax, retirement plans, and estate..." (more)
Key Phrases: most state tax returns, other trading expenses, dosing inventory, New York, Attach Schedule, United States (more...)

Editorial Reviews

Product Description

The Thoroughly Updated Guide to Reducing Tax Liability for the Trader and Serious Investor

What would you do to increase your trading profits by as much as 50%? Most traders and investors would do whatever it takes. Those same traders will much to often what the profits earned with their blood, sweat and tears shrink considerable as they prepare their tax returns. You have in your hands the easy-to-use tools that will protect your hard earned assets. Packed with proven strategies that reduce your tax exposure this comprehensive guide is completely updated with information and strategies for the most recent tax changes.

Here are invaluable business, estate, retirement planning, and tax-saving strategies that virtually anyone can implement within the new tax laws. It is simple to use and includes specific information to help traders reduce their tax liability, with individual case studies, real-world examples, and model tax returns. CPA and expert tax consultant Ted Tesser provides current solutions for the tax problems facing most U.S. traders, investors, and income earners today—excessive tax payments to federal and local governments, insufficient preparation for retirement, and, ultimately, the fate of bequests. In this book, Tesser shows everyone concerned:

-How to disinherit the federal government
-How Trader Status is upheld, even under audit
-How to augment underfunded retirement plans
-How to master the basiscs of estate tax planning
-How to integrate the "triple crown"—Tesser's latest strategy for tax avoidance and wealth accumulation—into your trading plan
…and much more.

Keep the profits you work so hard to earn, whether from trading, investing, or hard work—and take control of your financial destiny. The NEW Trader's Tax Solution has puts years of experience at your fingertips.

With the "triple crown," you will learn how to unleash the full power of Trader Status by combining it with a Trading Entity. You will also learn how to establish a Wlfare Benefit Trust to accomplish all these goals and more. This program enables you to take advantage of little known facets fot he tax law that have been on the books for almost three-quarters of a century. You'll learn how to:

-Contribute and deduct substantial amounts of money over any period of time
-Grow the principle in a fully tax-defered, 100% secure environment
-Access the money at a future date, not limited by age, income, or retirement plan status
-Avoid the restrictions of ordinary retirement plans by using the same techniques that have been used by America's largest corporations since 1928

Whether you are looking for last minute tax saving tips or trading techniques that position you for the optimal tax reduction, The NEW Trader's Tax Solution is a must-have addition to any trading library. Get the government to pick up the tab on this years trading profits, foot the bill for any trading losses, and increase your wealth by 50%, instantly. After putting Trader Status on the map, Tesser now takes it to another dimension, complete with real world case studies, illustrations, templates, and filled-out, ready to be filed tax forms.

Ted Tesser, CPA, is a partner with Tesser, Horowitz, and Ullmann, Inc. 1-800-556-9829, a firm serving clients around the world. He specializes in investment taxation, is an active trader, and is the author of Trader's Tax Survival Guide and the best-selling video Cut your Trading Taxes in Half!

Product Details

• Hardcover: 560 pages
• Publisher: Marketplace Books; 2nd edition (January 5, 2005)
• Language: English
• ISBN-10: 1592801900
• ISBN-13: 978-1592801909
• Product Dimensions: 9.1 x 6.1 x 1.7 inches
• Shipping Weight: 2.3 pounds (View shipping rates and policies)
• Average Customer Review: 2.2 out of 5 stars  See all reviews (5 customer reviews)
• Amazon.com Sales Rank: #272,221 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

18 of 19 people found the following review helpful:

1.0 out of 5 stars Tesser is a con man, November 9, 2007

By	Mickey (Columbus, OH) - See all my reviews

I'm in complete agreement with the other 1-star reviewer. The information provided is just enough to confuse you, so that you'll seek his professional advice for clarification. I fell for it, and sent him money for a consultation, which in reality was a sales presentation intended for Mr Tesser to set up a second corporation...in addition to the one I already had. Oh, and to buy his dvd, which is also a big waste of money. Oh, and to point out the flaws of my previous CPA.

I came up with a list of questions for the consultation, and over the period of 3 months, not one question was answered. As a result of constant delays in scheduling futher phone calls, I almost didn't get my taxes done for the year. I cannot tell you how confused and upset I was after our conversation. Buy this book at your own risk!

17 of 19 people found the following review helpful:

1.0 out of 5 stars Misleading book from an "expert" who cheats people, July 29, 2007

By	Booksadored - See all my reviews

I didn't like this book because it rehashes a lot of the same stuff in his first book, thus the materials is not very "new". "Ted Tesser's New Book" is a case of the Emperor's New Clothes. The author runs a supposedly reputable business in Florida trying to "save traders money". I followed the tax advice in the book on setting up corporate entities and ended up caught between a rock and a hard place, because the book did not include critically important details (perhaps intentionally?). When I needed more specific details, the authors' company tried to force me to pay $350/hour charged to a credit immediately over the phone for advice if my CPA was standing there to help me make sense of it all. The phone call was already costing me $100/hour. At that point I knew I was dealing with a sheister. I would not recommend this book or getting involved with the Waterside Financial to anyone. The New Trader's Tax Solution: Money-Saving Strategies for the Serious Investor, 2nd Edition, Updated

26 of 37 people found the following review helpful:

3.0 out of 5 stars Good beginner book, August 13, 2005

By	C. Wu "help me" (New York, NY United States) - See all my reviews (REAL NAME)

The book is really good. The reason why I gave it only 3 stars is that it doesn't cover the complex stuff I am looking for. And it mostly target to small trader. This book will do you little good if you able to make over million dollars a year from the market. The book does not mention much about asset protection. As with any trader, the only asset is their cash, and I believe the author should put more work into this section if a new version is on the way.