In the tax interview there is a question regarding citizenship, if all members are U.S. Citizens or Registered Aliens. I answered yes as 3 of us are Registered Aliens, citizens of Canada. I'm now printing out the taxes and there is a page showing all ...
Can someone give me a general idea of how the capital gains and losses are computed at the end of the year? Are the total gains and losses split evenly between each club member? Do we file all of our club taxes on a seperate ...
Hi, I am a officer of a newly founded club and we are just becoming familiar with Bivio. We are very excited about our new endeavor and hope that we started at the right time. Everything is in place and we are operational, we had ...
Hello all, Need help in entering the transaction of return of principal from GLD shares and investment expenses. I would appreciate very much your help in resolving this. Will the cost basics of GLD will go up or down? Please see the following transactions. 09/08/08 ...
We are a NY partnership and we have a NJ partner. According to the NJ tax website, we have to file a return in NJ also. Does anyone know if this is true, and if so, how come Bivio did not generate a NJ 1065? ...
Greetings, I had Scottrade cut the check for a withdrawing member. Then, I went to bivio and did the member withdrawal. Now, our account on bivio has an unassigned debit (the amount of the check for the member from Scottrade) and the amount is debited ...
The club I'm in established themselves as an S-Corp. The previous club I was in was a general partnership. I think I'm going to have issues with convincing some of the membership of switching from S-Corp to General partnership (or an LLC). Anyone have any ...
I am the club treasurer. I say that with humility . I incorrectly entered some BI magazine subscription deposit money as income I think because I was trying to avoid Suspense. I have had frustrating experiences with Suspense. I know, I know , it's simple. ...
A club member writes "I can not seem to log onto bivio. It keeps telling me there is already a user with my email. Is there anyone I can contact for help?"
Greetings, I had Scottrade cut the check for a withdrawing member. Then, I went to bivio and did the member withdrawal. Now, our account on bivio has an unassigned debit (the amount of the check for the member from Scottrade) and the amount is debited ...
Greetings, I had Scottrade cut the check for a withdrawing member. Then, I went to bivio and did the member withdrawal. Now, our account on bivio has an unassigned debit (the amount of the check for the member from Scottrade) and the amount is debited ...
We received a payment from Tyco under the class action lawsuit. How do I record this money in our accounting. I'm thinking, Long term capital gain, under Tyco (Although we sold it in 2003). However, isit under: "Long term capital gain", "Long term Capitl gain, ...
Just wanted to thank Lynn for a response to my question about self auditing. I don't think i thanked you. it is what we were doing and was gratifying to know we are covering the bases properly. Deannie Rule