Check Your Act 60 Day Trading Compliance in Minutes

Worried about how your trading habits look to Hacienda? Our rapid compliance check analyzes your trade frequency and holding periods against established benchmarks. In minutes, you can see if your activity aligns with the IRS definition of a "trader," helping you avoid the risk of being reclassified as an "investor" and facing unexpected taxes. Stop guessing and get a quick, data-driven snapshot of your status. This is the first and most crucial step for any Act 60 trader seeking peace of mind.

The Section 475(f) MTM election is a game-changer for traders, but a mistake in the election process can be costly. Did you file the election statement on time? Is it correctly formatted? Our system quickly verifies the procedural requirements of your MTM election, flagging potential errors that could disqualify you from its benefits, like avoiding the wash sale rule. For a low price, you can confirm your election is sound, a small price to pay for significant tax advantages.

Properly sourcing your trading income to Puerto Rico is non-negotiable for Act 60 benefits. Our tool provides a quick assessment of your operational setup to highlight potential sourcing risks. We check for common red flags related to where your trading is managed and controlled. While traditional CPA firms can charge thousands for this, our automated check gives you an affordable first look, empowering you to address issues before they become major problems. It's the quick, no-nonsense compliance check every Act 60 day trader needs.