Hi everyone, We have started a new webpage, "Before You Invest" which includes a list of investments which may make your club accounting difficult if not impossible to do using bivio. If you have any questions before you make an investment, check this list. You ...
The recent posts about the difficulty with investment clubs owning MLPs at tax time has been invaluable. I think there was a much earlier posting that indicated REITS could be as troublesome at tax time as MLPs. Since we have several REITs on our watch ...
Hi Everyone, Fyi, this is hot off the press from our friends at the IRS..... The late filing penalty for partnership returns increases from $89 to $195 per partner or shareholder for taxable years beginning after Dec. 31, 2009. Don't forget. Everyone needs to file ...
Each month, you should review the status of your groups finances. A monthly report to your group by your treasurer or financial partner should include the first three reports on the Accounting>Reports page In the next few days, we'll go into more detail on how ...
i received a 1099-B from Tim Hortons that i received gross proceeds from them when they transfered from a US Company to a Canadain Company and my CPA now tells me that i have to claim that is income for my taxes has anyone else ...
We are going to change our partnership agreement soon to remove the 1% withdrawl penalty, adding a ban on REIT and MLP's investing, and adding options as a choice. Should we add any rules on partial withdrawls, such as a limit to how many partial ...
Hello, I have a question regarding the participacion of a FOREIGN NON US CITIZEN in my Investment Club, how should we handle this? any tips? regards Tomas
Greetings, I'm interested in obtaining a comprehensive list of deductible expenses. For example, milage for driving to meetings, tolls, etc.. I would gather these travel related items are deductible.. Appreciate your help,
Please remove this email from your group. The amount of mails received is ridiculous. I am not a part of this club thing. Thank you. Sent from my Verizon Wireless BlackBerry Original Message From: "Dorothy Moncrieffe" <rodor13@sbcglobal.net> Date: Sun, 28 Mar 2010 23:52:47 To: The ...
Original Message From: Colin K. Wilson Sender: club_cafe@bivio.com To: club_cafe@bivio.com ReplyTo: The Club Cafe Subject: club_cafe: RE: How long to keep club records Sent: Mar 21, 2010 4:52 PM Laurie Frederiksen wrote: > Dear John, > > > > Your point is well taken. ...
There were many wonderful stories about your clubs that are told in the entries to our Birthday contest. I encourage you to take a little time to read them all here: www.bivio.com/birthday . One of the entries tells the story of some of the members ...
Sometimes, because you own or have owned stock in a company, you may become part of a lawsuit against it. When the case is settled, you may receive a litigation settlement check. You record this income using the Income button on the Accounting>Investments screen: It ...