Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Kaye Thomas who wrote (68109)	9/23/1999 3:11:00 PM
From: AurumRabosa	Read Replies (2) \| Respond to of 132070

Kaye, Thx, I stand corrected. Hopefully I did last year's taxes right ;-( Very nice web page you're building! I bookmarked it and saw several topics I'll have to study later. Under your section for Traders you give guidelines for how the IRS decides whether one is a trader. It looks like there's a lot of gray area, as usual. Are there any specific case law examples you could add to help shed light on how the courts have ruled and possibly narrow the gray area? Another area I'm very interested in is tax accounting for traders who pool funds in a LLC. Also, are there any vehicles available that could allow capital gains, dividends and interest to remain untaxed until funds are actually withdrawn by a member? I doubt it but it sure would be nice.