Section 1256 contracts include certain regulated futures contracts, foreign currency contracts and non-equity options. These contracts receive a unique tax treatment under the IRS code and are subject ...

If a tax straddle is made up solely of regulated futures contracts, foreign currency contracts, and nonequity option contracts (i.e., “IRC Section 1256 contracts”), each contract is generally taxed ...

There’s a bevy of financial products to trade with a wide assortment of tax treatment. Traders have access to U.S. and international equities, futures and other Section 1256 contracts, options, ETFs, ...

Tax season is underway, and TV commercials from tax software companies are stressing the need for “CPAs on-demand.” Probably because 2018 is the first year for tax changes in the 2017 Tax Cuts and ...

Investors of all sizes have long sought out tax-advantaged products such as stocks paying qualified dividends and tax-free municipal bonds. One tax-friendly vehicle that doesn’t get much attention is ...

Did you receive a Form 1099 from your forex broker or bank this year? If you traded forex spot, you most likely did not. Conversely, if you traded forex forwards, you probably did receive a 1099, the ...

Holding period. If property is delivered in satisfaction of a securities futures contract to acquire property, the holding period for the property will include the period the taxpayer held the ...

NEOS high-income ETFs QQQI and SPYI pay monthly, tax-efficient yields up to 14.6% using Section 1256 options. Click for this ...

Traders are increasingly getting involved with Nadex and other “binary options” and they've been asking us how they are taxed. Are they taxed like securities (capital gains), futures (60/40 capital ...