Good trades deserve equally good tax records
Between elections, loss rules, and basis tracking, how you report can matter nearly as much as how you trade.
If this sounds familiar
Your status is ambiguous until challenged
Trader versus investor classification changes which rules apply to you — and the answer isn’t always obvious, even to you.
Loss rules reach backwards
Wash-sale and straddle-type rules look across accounts and dates. A clean-looking loss can be disallowed long after you booked it.
Basis scattered across brokers
Multiple platforms, transfers, and corporate actions leave your cost basis fragmented — and every fragment is a chance for error.
What you’re looking for — and what you’ll find here
The right elections, made on time
An advisor who works with active traders determines which elections fit your pattern — and files them inside the window.
Clean, defensible basis
Bring your records into one place. Your advisor reconciles positions across accounts so your gains and losses hold up under scrutiny.
Loss harvesting without foot-faults
Plan realizations with someone who knows the anti-abuse rules — so the loss you book is the loss you keep.
At a glance
Typical engagements
- Establishing trader vs. investor status
- Making mark-to-market elections
- Applying wash-sale and straddle rules
- Harvesting losses
- Tracking cross-asset cost basis
Income types
Asset types
Ready to begin?
Join forward-thinking taxpayers who choose WhiteOwl for their tax needs.