Why is it hard to find a cpa that handles day traders?

Question

Why is it hard to find a cpa that handles day traders?

Answer 1

Don't know, it shouldn't be hard, it just costs more.

Day traders make a lot more work for the CPA.

All buys and sells are short term, a schedule D must be used, there is probably hundreds or thousands of trades in a year. A lot of work, therefore a lot of money.

But it shouldn't be hard, unless the CPA you are talking to is afraid that he doesn't know all the rules and regulations and doesn't want to learn them.

Answer 2

because day trading requires  more work on their part and quite a few CPA's think they are above the actual "work" part of accounting go to a smaller or new CPA they are more likely to want/need your business....Where are you located? I know of several great CPA's around here that would take you