In this video, Toby Mathis breaks down what truly defines a day trader, why the IRS makes this classification so complicated, and how the facts-and-circumstances test has shaped the tax landscape for traders.

Because there’s no clear tax code defining trader status, many people end up in court simply trying to prove they qualify.

Register for a FREE upcoming workshop today to learn advances tax strategies and asset protection. Save Your Seat ???? https://aba.link/f4e155

Toby explains the real tax difference between investors and traders, including how investors are limited under Section 212 after the Tax Cuts and Jobs Act eliminated most miscellaneous itemized deductions.

Would you like to learn more about minimizing your taxes? Schedule a free tax consultation here ???? https://aba.link/81047e

Investors can only write off margin interest up to their investment income and have very few opportunities for additional deductions.

Traders, however, operate under Section 162, which allows them to deduct ordinary and necessary business expenses—opening the door to far more powerful tax advantages.

You’ll learn why traders began filing Schedule C, why the IRS frequently audits sole proprietors, how capital gains and losses impact both investors and traders, and what happens when traders try to claim expenses in the wrong place.

???? Don't forget to subscribe for more insights on real estate investing and business strategies!

Show Notes:
0:00 Intro – #1 tax strategy for day traders
1:00 Investors vs. traders and key tax differences
2:20 Schedule C vs. Schedule D and audit risk
3:30 Capital gains, capital losses, and the $3,000 limit
5:31 Mark-to-market election (Section 475) explained
8:31 How to qualify as a trader – the 3 main tests
12:08 The loophole: C corporation + LLC family office structure
15:05 Asset protection, tax savings, and legacy benefits
16:50 Free tax and asset protection training + closing call to action
---------------------------------------------------------------------------------------------------------
TAX TUESDAY LIVE
Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now ???? https://aba.link/c6cf59


OTHER ANDERSON ADVISOR EVENTS
Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our attorneys and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
https://aba.link/tobyevents

~~~~

FINANCIAL PLANNING & TAX RESOURCES

???? Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: ???????? ???? https://aba.link/IIWbook

Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here ???? https://aba.link/tobyshop

Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. ???? https://aba.link/tobyaba

~~~~

FOLLOW US:
Instagram: https://aba.link/instagram
Facebook: https://aba.link/facebook
Twitter: https://aba.link/twitter
LinkedIn: https://aba.link/linkedin
TikTok: https://www.tiktok.com/@tobymathisesq

~~~~

CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545

ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
---------------------------------------------------------------------------------------------------------
WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.

The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#daytrading #taxstrategy #stocktrader #stocks #tobymathis

***This webcast originally aired live on Hedgeye.com on January 13th, 2026***

Hedgeye CEO Keith McCullough is joined by economist, tech entrepreneur, and author Dr. Pippa Malmgren for a must-watch edition of Real Conversations.

Pippa believes we are no longer approaching a singular technological turning point. We are already living through a multiplicity of breakthroughs, with massive evolutionary leaps happening simultaneously across technology, money, and society itself. While innovation accelerates at unprecedented speed, public debate remains stuck in outdated left-versus-right frameworks that no longer explain the world. The only meaningful direction, Pippa suggests, is forward or backward.

In this wide-ranging discussion, Keith and Pippa will explore how fast, deep, and transformative today’s innovations truly are, including the evolution of money, shifting power structures, and what these changes mean for economies and markets. This conversation is designed to challenge conventional thinking and reframe how investors understand the future.

Don’t trade alone —trade live with us on Zoom every day???? https://course.therumers.com/oto-squad-qtr
Get the FREE weekly Gains Guide watchlist here ???? https://therumers.com/
#tradingstrategy #daytrading #trading

⚠️ Disclaimer: My results and risk tolerance are not typical and should not be expected by others. This video is for educational and entertainment purposes only. I am not a financial advisor. Trading involves risk, and past performance does not guarantee future results.

26 Years Of Brutal Trading Advice in 23 Minutes

Time Codes
0:00 Intro
0:46 You Are What You Are
2:23 Simple Stupid Always Wins
4:40 One Asset
5:46 Screentime Is Your BFF
7:18 Position Size Is Also Your BFF
9:16 Do Not Focus On Money, Focus On Making Good Trades
11:13 Fall In Love With Losing
13:32 If You Don't Rank You Won't Bank
15:52- Write It Down
18:25 Rules
19:56 We Need Each Other
21:49 The Last Step Is The Hardest

Disclaimer: My results and risk tolerance are not typical and should not be expected by others. This video is for educational and entertainment purposes only. I am not a financial advisor. Trading involves risk, and past performance does not guarantee future results.

Which is better? Trading or gambling?

Most traders take risk, roll a dice on blind chance, and hope for a pay day.
To me, that sounds like gambling.

After 40 years, I have a found a better way.

https://EthicalKingdomTrader.com 
https://MyWealthTV.com

---------------------------------------- 

Disclaimer: 

The information provided in this video, and all of our videos, is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Trading and investing involves risk, and you should only trade with capital you can afford to lose. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before making investment decisions. Ethical Kingdom Trader's function is limited to education only. Ethical Kingdom Trader does not trade on behalf of clients, and does not offer investment advice. Ethical Kingdom Trader does not offer financial or investment advice or fiduciary services in any way. Ethical Kingdom Trader does not trade on behalf of the public or individuals. Ethical Kingdom Trader may offer insights and observations as an opinion, for awareness, and / or education purposes only. Ethical Kingdom Trader does not manage clients' funds or act as a RIA (Registered Investment Advisor) or similar. Ethical Kingdom Trader's scope of practice is limited to education and the sharing of practical knowledge only. When it comes to actual trading, the platforms and functions of self-directed trading are provided by independent third-party brokers and institutions who offer their own products, accounts, services, terms and conditions, independently of Ethical Kingdom Trader. Ethical Kingdom Trader may share alerts and market news, these should never be construed as instructions to trade, as financial advice, planning, investment tips, or otherwise. The decision to trade, or take any other action remains solely the responsibility of each individual alone. When it comes to actual trading, your relationship will be with independent brokers and institutions that provide the tools and facilities for your trading, and not with Ethical Kingdom Trader. The decisions you make in trading your own accounts will be your decisions alone and your responsibility alone. The extent of Ethical Kingdom Trader's liability shall not exceed, under any circumstances, the actual fee paid by a student / participant for their education from Ethical Kingdom Trader and nothing more. References to third-parties do not constitute an endorsement of said parties. Links may result in benefits, financial or otherwise. Ethical Kingdom Trader does not offer tax or legal advice. Ethical Kingdom Trader does not accept liability for any use or misrepresentation of our videos, content, knowledge or applications by any other party. The appearance of our content on any social media platform, third-party, or similar does not represent an endorsement of said platforms or legal partnership, liability or otherwise. Terms and Conditions apply. Errors and Omissions Expected. All rights reserved, including the right to determine and interpret our own intent, language which is common English, and meaning thereof. Use and participation is solely at own risk. Not contract or obligation is implied or entered into without an signed membership agreement. Do not continue to engage us or our products, offerings, or services if any of this is not acceptable to you in any way. EthicalKingdomTrader.com

What is bitcoin? Explain ethereum like i'm five? Let's discuss the latest cryptocurrency news for bitcoin, ethereum, altcoins, & MORE! SLAP THE LIKE BUTTON! ???? Follow me: https://x.com/AltcoinDaily


???? Get up to a $30,000 Deposit Bonus by signing up with the link below ⬇
Trade, Buy, Sell Crypto with our partner Bybit https://partner.bybit.com/b/altcoindaily
** Accounts cannot be created within the US.

???? Try Bitunix to long or short crypto! No KYC: https://www.bitunix.com/register?vipCode=AltcoinDaily
???? Use Code 'AltcoinDaily' for up to $8,000 USDT Trading Bonus! ☝


Follow Altcoin Daily:
https://x.com/AltcoinDaily
https://www.instagram.com/thealtcoindaily/

Follow me [Austin]:
https://www.instagram.com/theaustinarnold/


TimeStamps:
00:00 Intro
00:17 What Is Bitcoin? - Simply Explained
06:27 Web1 vs Web2 vs Web3 - Simply Explained


***********************************************************************
????Support The Channel!!????(We Get A Kickback From These Affiliate Links)

-- Buy Bitcoin on Coinbase and we both receive $10 in Bitcoin!
https://www.coinbase.com/join/arnold_w23

-- Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe!
https://www.ledger.com/?r=29fd4d75e9bc

***********************************************************************

#Bitcoin #Cryptocurrency #News #Ethereum #Invest #Metaverse #Crypto #Cardano #Binance #Chainlink #Polygon #Altcoin #Altcoins #DeFi #CNBC

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!


This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

bitcoin, cryptocurrency, crypto, altcoins, altcoin daily, blockchain, best investment, top altcoins, altcoin, ethereum, best altcoin buys, bitcoin crash, xrp, cardano, chainlink, 2023, ripple, buy bitcoin, buy ethereum, elon musk, bitboy, coin bureau, graham stephan, crypto market, bitcoin prediction, the fed, Web3, andrei jikh, cnbc crypto, sbf, ftx, bitcoin crash, crypto podcast, bitcoin price, cnbc, sbf, meet kevin, Bitcoin Halving, crypto news, bitboy crypto, explain, like im five, greatest, Bitcoin Explanation, coin center, congress, brian brooks, web3,

Thanks to Coinbase for sponsoring this video!
Sign up for Coinbase today! https://shorturl.at/gTY18
To learn more about Coinbase Advanced trade, check out: https://www.coinbase.com/advanced-trade.
Disclosure: Coinbase offers simple and advanced trading. Advanced trading is for experienced traders and is subject to the Trading Rules. Fees on the two platforms vary. Content is for informational purposes and not investment advice. Investing in crypto comes with risk.
@Coinbase #coinbase

0:00 Intro
1:04 Fining Coinbase Advanced
2:11 Funding your account
3:09 Tools inside Coinbase Advanced
5:50 Limit order Buy
8:33 Limit order Sell
10:15 Coinbase pros


All opinions expressed in the video and this description are for entertainment only. You should consult a licensed professional before buying any cryptocurrency or digital assets. Everything in this YouTube channel is for entertainment only.

Here are my 2 favorite cold wallets:

Tangem Wallet (Use Code CYBERSCRILLA for 10% OFF): https://tangem.com/en/pricing/?promocode=CYBERSCRILLA#pricing

Tangem Wallet Review:
https://youtu.be/bPZpzjJl3ts?si=2j7tvjH2FEh9PSSz

Ledger Flex (Get $10 FREE Bitcoin using my link):
https://shop.ledger.com/?r=f3f59e340ecb

Ledger Flex Review:
https://youtu.be/xqtdxg4XEAo?si=tVUoz7PW5V3KjUKU

▬▬▬▬▬
KEY POINTS:
0:00 – Do You Need a Cold Wallet?
0:36 – What Is a Crypto Wallet?
2:58 – What’s a Hot Wallet?
3:39 – What’s a Cold Wallet?
6:17 – The Big Secret About Wallets
8:27 – So… Do You Need One?
9:34 – How to Choose a Cold Wallet
10:03 – Air-Gapped & Bitcoin-Only Wallets
11:14 – What Makes a Cold Wallet Good?
13:42 – My Favorite Cold Wallets
15:35 – Biggest Crypto Mistakes to Avoid

▬▬▬▬▬
Disclaimer: This content is for informational purposes only and is not financial, legal, or tax advice. It reflects personal opinions and does not come from a licensed advisor. Some links may be affiliate links, which may earn the channel a commission at no extra cost to you.