Mark to Market

Trader or investor?

In two decisions in 2013, Endicott, T.C. Memo. 2013-199, and Nelson, T.C. Memo. 2013-259, the Tax Court maintained a high hurdle that taxpayers must clear to [...]

The Marcum Advisor – March 2011

Taxpayers buying and selling securities for their own account generally will qualify as either an investor or trader for tax purposes. The distinction [...]