Hi folks, For those of you who are figuring out the new rules, I would like your comments. I just spoke w/Vanguard where my husband and I have the bulk of our retirement funds in tax-deferred accounts. I was guided to our account set up ...
Hi All - Just a couple quick questions as we get into tax season - 1) Does an investment club have to register a DBA in Utah? 2) Does an investment club have to file a Utah State partnership tax return or is it only ...
Since the filing addresses aren't PO Boxes, you should be able to use the same address. However, why would you want to use Fedex or UPS at higher cost than sending it via USPS first class, certified mail? Ira Smilovitz In a message dated 2/6/2012 ...
Hello everyone, If you have any questions, here is a direct link to information about where to send your tax forms: https://www.bivio.com/site-help/bp/Investment_Club_Taxes_Filing_Address_Help For future reference, you can also find this link on our help page under t for Taxes. -- Laurie Frederiksen Invest with your ...
A quick search didn't turn up any corporate events that would have affected your holdings in CBD on 5/12/11, so I can't help you there. ADR fees are associated with receiving dividends on ADR holdings, not the purchase/sale of the shares. Ira Smilovitz In a ...
Hello Everyone, I hope you had a great weekend. As part of our collective quest for Positive Relative Returns, let me know if you'd like me to create a graph of your club's relative returns for you. Your relative return for a given time period ...
Last year I watched the acct. seminars in January but was unable to this year. Is there a site where I access the ones this past January to refresh my memory? Flo Primrose
ADR fees are deductible expenses. Cash liquidation is probably cash-in-lieu for fractional shares in a merger, but it could be something else. Could you provide specifics about that transaction? Ira Smilovitz In a message dated 2/3/2012 1:58:35 P.M. Eastern Standard Time, ldelmolino@comcast.net writes: In performing ...
In performing our year end club audit, I came across a couple of items that I'm not familiar with - they are very small amounts and I simply want to have a better understanding of what they are. One is an expense item labeled "ADR ...
Our club recently purchased Intel (INTC). However, its prices are not being updated automatically (i.e. I have to update it as "value unlisted"). I do know that we owned it a long time ago and I think I remember there is/was a bug related to ...
In the drp statements we receive there is a commission which is noted as paid by the company. When I have recorded the dividend I have not added that to the amount listed for the dividend, but the 1099 seems to have it added in. ...
Hi Everyone, To save on printing and paper, page 2 of your member K-1's is not included when you produce the total 1065 tax return that you will file for your club. It is the instruction sheet for the K-1 and it doesn't need to ...
IA investment clubs must file an IA-1065 return. Ira Smilovitz In a message dated 2/2/2012 10:00:39 A.M. Eastern Standard Time, jdniel@ncn.net writes: What is the law on Iowa State taxes. Does bivio do that. We have been filling them on our own.
how/where do I post each member's monthly contribution? If I post it in accounting, it is a duplication from the auto sync transfer from the bank. I want to make sure each member gets a full and proper accounting. Thanks