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Rating: 
Summary: Look Elsewhere
Review: I found this book to be a vast waste of time. There is very little of practical use to the trader. The author spends the majority of the book on his "Triple Crown" of reducing taxes. None of which you can do without a CPA. You would be better off visiting this book at your local bookstore, jotting down the "Triple Crown" and then hiring a CPA to explain it to you. The writing is poor and difficult to follow -- not because of the technical difficulty, but, because the sentences and paragraphs are so poorly constructed. Save the $( ) and look elsewhere.
Rating:
Summary: Look Elsewhere
Review: I just received this book this week after some publishing delays and I'm glad I didn't decide to cancel the pre-publication order. This book is well worth the wait. It's much better than Tesser's previous book. There are lots of examples and even goes into details on estate planning in addition to the tax advantages of trader's status. This book will definitely give you something to think about how to plan and do your taxes!
Rating: 
Summary: I'm glad I waited...
Review: I just received this book this week after some publishing delays and I'm glad I didn't decide to cancel the pre-publication order. This book is well worth the wait. It's much better than Tesser's previous book. There are lots of examples and even goes into details on estate planning in addition to the tax advantages of trader's status. This book will definitely give you something to think about how to plan and do your taxes!
Rating: 
Summary: Be prepared to pay a pretty penny to your CPA
Review: I own this update and his last book. Basically concepts are good and prose somewhat entertaining. However, here is the catcher. If you are going to use a CPA for doing all this stuff be prepared to hock your house and your family. What the CPA'S do not get the lawyers will when they charge you for setting up your FLP. I saw one bit of communication where the authors states that refiling was not worthwhile when his fees were factored in !!!!. That should tell you something. You do not believe me just call his office for a quote. This guy's has found the hoy grail of relieving most investors...opps ! i mean us traders from our profits !WHY THE HELL THE GOVT DID NOT MAKE TAXES SIMPLER IS BEYOND ME...!. trust the feds to complicate anythin they touch...! PROBABLY BECAUSE THE CPA LOBBY LIKE THE TRIAL LAWYERS AND THE NRA HAVE DEEP POCKETS TO KEEP THINGS THERE WAY.
Rating:
Summary: Bravo! Bravo!
Review: The Trader's Tax Solution is a must for any investor who wants to minimize his/her taxes. Mr. Tesser also provides wonderful insight into retirement and estate planning. Well worth the price! If you are interested in legally reducing your tax bite, then this is the book for you.
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