In years' past when running the tax report, it was a simple process. This year, I'm getting "Your club contains unidentified AccountSync transactions." and must now assign my brokerage deposits to our member payments. Up to now, I would record each member's payment under the ...
We paid foreign taxes on two of our mutual funds. I've asked the broker what country they were paid to and was told that the IRS doesn't need to know the country anymore, but I can't get past that question in the tax interview to ...
Hello All, My question is over the last three years I have entered "late" fees into Bivio per our Bylaws. There entered as fees. I am wanting to know if there is a report I can use to see the total fees collected, as we ...
Dear Linda, It sometimes gets confusing because there are electronic transfers and there is electronic bill pay. We do not use electronic transfers. These usually require the sending and receiving accounts to be established under the same name. We use electronic bill pay. This is ...
Hello all, I am trying to get a report in Bivio of "late" fees, which have always been entered as fees. The club then uses this money to pay for misc expenses or club subscriptions ect. Is there anywhere I can get a total for ...
I just set up our brokerage sync at bivio but don't see any way to make them synchronize. Does it just automatically happen at some point during the night or am I missing some button? Mike
My club has a very small expense for mailing K-1s to withdrawn partners, and the 1065 to the IRS. Considering it is less than $10 that I paid in cash, writing a check to reimburse myself seems like a waste on several levels. How would ...
Just a reminder that the Manifest Investing Challenge Club is meeting online tonight at 8:30PM EST. There's lots to talk about including a discussion about selling JNJ, and purchasing ABT and BRLI. There's also a suggestion to take a look at AMAT, CTRP, BIDU, TTM ...
Afternoon, Back on April 30th 2010 our club received a Dividend and also a cash liquidation of 2 cents from Garmin LTD. Should I have put this 2 cents underneath Misc income?? The statement from TD does not show the 2 cents underneath the Dividends ...
I agree with Ellen's distributions, but the Treasurer should provide the K-1's to the members as per instructions in order to meet the IRS requirement as well as protect himself. Colin Wilson, Treasurer, Doc Stock Invest. Club Original Message From: "John Rice" <rice.j1969@att.net> To: "The ...
Hi Larry, Welcome to Club Cafe. Club Cafe is a place where we can share experiences and questions about investing, running our clubs and using bivio. Not sure what you're testing but feel free to email us in support@bivio.com if you need to understand more ...
Hi club cafe, Can anyone explain what the Tax Basis means on the member status report: (example a member total paid in is $7,375.00 and the tax basis shows $12,618.64) what does this mean? Thanks a bunch, Mary
I understand that our club is to file in Cincinnati, OH (Partnership in Massachusetts) however, I am wondering if I have to file with the State as well. I see on the MA tax website that Partnerships are required to file Just don't know if ...