I have tried to find articles relating to not letting any industry or sector become more than of portfolio. We seem to remember about 20%, and I think that it is also suggested that no one member own more than 20% also. Was unable to ...
I have tried to find articles relating to not letting any industry or sector become more than of portfolio. We seem to remember about 20%, and I think that it is also suggested that no one member own more than 20% also. Was unable to ...
Was there a final answer on whether this merger was an 2009 or a 2010 event? What is the harm if we just change the date, in Bivio, to the 4th as per our broker so that it matches with their statement? Signed, Impatient treasurer
For one part of our club's audit this year, our committee reviewed the report showing member contributions and withdrawals for the year. One member had paid for our Bivio subscription with a check of $99. Once the check was in the mail, I entered the ...
Thanks, everyone, I thought I'd get a rise over the 15% withdrawal fee. Wish I'd brought it up sooner. I have brought this up every time a member left and the response (charter members , of which there are fewer and fewer) is that "we ...
Good morning everyone, I know some of you have family clubs or have thought about starting family clubs and have had questions about tax consequences for the minors in your clubs. Here is a nice overview by the IRS of the rules pertaining to the ...
It's almost 9:00 p.m. CST on 2/23/2010 (Tuesday), and the reports are still showing "as of 2/22/2010" (Monday). Don't they usually update earlier than this every day? Hoping they update soon, so I can print for our meeting tomorrow.
Greetings, I'm not sure if this has come up before, but instead of a member withdrawing, is it possible for another member to take over their shares? In other words, one member will not have two spots in the club. Can we do this? In ...
Need help in entering information with bivio sold shares in MRK I entered correct information from broker but message appears which states, shares sold exceeds share owned, Jennifer Smalls
Our club is based in NJ and now has more than 10 members so I need to file NJ 1065 electronically. However, the NJ taxation dept requires a 12-digit ID: https://www1.state.nj.us/TYTR_BusinessFilings/jsp/common/Login.jsp?taxcode=43 {Your Federal or NJ Taxpayer Identification Number must be twelve digits long. Enter number ...
Hi everyone, For those who have asked for a PDF of the Audit webinar, I've posted it on Club Cafe www.bivio.com/club_cafe You can find it as a link on the right side. Laurie Frederiksen
Is the 14 page form at http://www.irs.gov/pub/irs-pdf/i1065sk1.pdf the one I'm to give each club member along with their K-1? ? If so, is it OK to email them a PDF copy rather than print a copy for each partner. thx Jay
What is the average fee charged a member who withdraws? I believe our club may hold the record, at 15%. I was not around for the chartering of this club and don't know how they hit upon that fee but i recently visited with a ...
Bivio, Cllub name: CCI Model Club Ended Business - Sept 1, 2009 Reason for message: I, M. Jean Fisher, Treasurer, contacted you and had a nice chat. My problem was OUR TAXES. You assured me that I should contact you in February and you would ...
Are membership dues entered as a payment? In doing our audit our dues are listed as a non-deductible expense because they were entered as a payment. But how else can we enter this info into Club Acctng?