Yes Virginia, when you have trading profits, the state and federal government want their cut.
Robinhood Traders Face The Taxman After Falling In Love With Stocks: Digital day traders now face a reckoning with short-term capital gains taxes.
Mark Astarita is a nationally recognized securities attorney, who represents investors, financial professionals and firms in securities litigation, arbitration and regulatory matters, including SEC and FINRA investigations and enforcement proceedings.
He is a partner in the national securities law firm Sallah Astarita & Cox, LLC, and the founder of The Securities Law Home Page - SECLaw.com, which was one of the first legal topic sites on the Internet. It went online in 1995 and is updated daily with news, commentary and securities law related links.
