What is Trading as a Business?

This is a Tutorial about how to take advantage of the IRS and other nations' rules that allow retail traders to Trade as a Business under the rules of the IRS or other countries rules.
Trading as Business is just like owning a small business of any kind. You have inventory in and out, which is your stock trades.
You no longer need to itemize every stock trade you make as all Hobby Traders are required to do for tax purposes.
You can write off all of your trading expenses including, office space in your home, electricity, water, sewer, insurance, etc. that is related to your small business.
Setting up an S Corporation or an LLC is wise and easy to do. Many states allow you to set it up online.
When you have the status of a semi-professional trader trading as a business you will be respected by professional independent traders who already have this status since the late 1990s.
Respect from professionals is a big deal. Being able to write off trading expenses including education, travel, computers, internet, etc. is a big deal.
This IRS ruling is not new. But most traders do not realize it is available to them.
When to start? Right now as we begin this New Year of 2026.