Systems, Strategies and Resources for Trading Futures Message Board

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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Esteban who wrote (44399)	4/13/2001 4:38:12 PM
From: Chip McVickar	Read Replies (1) of 44573

Esteban, That's what I have an accountant for...! <smile> I cannot be any help, hopefully others might be...! Scott has done some work in this area, ask him..., and maybe your question is worthy enough to bring him out of retirement. But I'm afraid he's gone the way of Tom Trader, and is rocking on the same porch. I also believe that Stocks and Commodities had an article in the last years series based on the accounting differences between trading for a living and trading as past time. There are serious differences and a whole series of established accounting routines..., like forward quarterly payments that must be followed. In the end..., picking an accountant who is knowledgeable in the subtleties your concerned with would be the best direction in my estimation. Otherwise a mistake could be costly. Ciao, Chip

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