How To Trade As A Business ft. Brian Rivera, CPA | Composer Webinar

Welcome to the replay of our Composer Webinar: “How to Trade as a Business.” Hosted by: Michael Liu, Product Marketing Manager at Composer Guest Speaker: Brian Rivera, CPA, YouTuber, and founder of Trader Tax CPA & TraderFyles Brian has helped hundreds of active traders and high-net-worth individuals with advanced tax strategies. In this webinar, he shares his expertise on: 00:00 Intro 03:30 How to start a business account for trading? 04:53 LLC vs S-Corp vs C-Corp vs Individual 07:45 How does one qualify for Trader Tax Status? 11:45 Any advantages to forming a trading LLC in a non-resident state? 13:43 Can an existing LLC qualify for TTS? 15:50 Can trading volume be a mix of futures and options? 16:20 What tax advantages exist for trading under a business entity? 18:45 How does Mark-to-Market work and when is it beneficial? 22:55 Can I defer trading taxes without using an IRA? 24:15 What are the common deductibles for traders? 26:40 How do K1s and 1099-Bs work together for tax reporting? 30:15 If I work a full-time job and trade on the side, should I use an LLC? 31:30 How does trading in crypto apply to all of this? 33:35 Can multiple traders co-invest together without forming an LLC? 35:40 Is moving to Puerto Rico for tax advantages worth it? 37:35 Do I need insurance for a trading business? 39:13 Live Q&A Resources Mentioned: Trader Tax CPA: tradertaxcpa.com TraderFyles: https://traderfyles.com/ Brian’s YouTube Channel:    / @brianriveracpa   Composer Business Accounts: https://www.composer.trade/business About Composer Business Accounts: The Composer Business Account is your all-in-one quant trading platform for sophisticated investors, family offices, and emerging fund managers. Composer provides no-code tools to automate your trading strategies and offer support for business entity formation, structuring, and tax filing through industry contacts like Brian from TraderTaxCPA and TraderFyles. Book a free consultation to learn more: https://vowjjmmtw3b.typeform.com/to/d... Please see important disclosure here: https://storage.googleapis.com/www.in...