Without the proper entity structure you are considered to be a “hobby trader” by the IRS and as such, you do not get any tax benefit from your trading activity. With a proper entity structure you too can enjoy some of the same tax benefits of a Wall Street trader.
Protect your cash trading accounts from personal liability. For example, if you were to be sued for a car accident, your personal assets are at risk. With a proper entity structure we can show you how to separate or quarantine your assets to manage your risk.