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CHANGING TREASURERS - W/ FIDELITY
Anyone have any experience with Fidelity and trying to change their clubs Treasurer name? Another member has taken up the Treasurer responsibility. I called Fidelity to see if there's a (simple) form to complete. Basically they wanted us to submit almost the identical paperwork as ...
17 messages
UA and bivio
Before the split our valuation statement reported we owned 436 shares of UA. After the split the valuation statement says we own 872 of UA and 872 of UAC. I understand the different non-voting shares but I think the amount needs to be corrected. Thanks!
2 messages
ITC purchase by Fortis, Tax Consequences of Mergers
If your investment club owns ITC Holdings (ITC), A you should be aware that there is a pending purchase of that company by a Canadian company called Fortis Inc. What will that mean to you? To find out, A we look at a section called ...
1 message
What is the Ticker for UA Class C?
We've had several clubs ask us what the "correct" symbol is for the new Class C Under Armour shares. The answer is that it depends where you are looking. In bivio, A our pricing source uses UAC so that is what you should use in ...
1 message
writing checks - # of signatures needed
Our club is switching banks and the new one can only have one signature on checks vs. the two signatures we currently have. Just wondering how most of your clubs handle this. Thanks in advance. Carolyn
14 messages
Contrarianism
Think you're seeing something others aren't? Morgan Housel offers some contrary thinking about that subject that is interesting to consider: When Everyone Wants to Be Different "Real contrarianism doesn't happen when you buy a stock that fell 10%. It happens when your clients threaten to ...
1 message
Our club is breaking up
our club is breaking up. our Bivio subscription ends on Feb 15 2016. do you think it is necessary for us to pay another year subscription from 2016 to 2017 to accommodate the tax preparation for next year. We will be closing all our accounts ...
8 messages
writing checks - # of signatures needed
During our meeting the treasurer will write the check and the president will sign it. Hopefully this will prevent any funny business since two people are involved while members watch. Only have one account which is with the broker. Laurie Frederiksen <laurie@bivio.biz> wrote: A good ...
1 message
IRS Audit
One of our members (actually two, a husband and wife) have received a letter from the IRS indicating that they have been selected at random for a compliance research examination. Among the documents requested are printed copies of their K-1's (no problem) along with "calculations ...
4 messages
Your Tax Form Explained
As we come to the end of yet another tax season, (your returns need to be filed by Monday April 18), A it's a good time to laugh. A If you still have tax questions, A maybe Bill Bryson can help. Your Tax Form Explained ...
1 message
Bivio Top Club Holdings
Laurie, I have a question about the Shares Held column in the listing of the Top Club Holdings. For instance AFLAC Inc. is shown as 2.6328. I don't understand what this number means. It can't possibly mean that there are 2.6328 shares held by all ...
10 messages
NJ Webfile is Ready
We are happy to let you know that NJ has fixed their e-file program.A It is now ready for you to use to file your NJ state taxes. A Ira Smilovitz has written up an instruction sheet (attached) for using the program for you. Just ...
1 message
Under Armour (UA) Stock Split
I recently noticed that Under Armour (UA) has undergone a 2 for 1 stock split. Our brokerage account (TDA) reflects this but I don't see anything yet in Bivio. Is there something explicit that we need to do for this? Or will this be handled ...
2 messages
Filing 1065; USPS Certified Mail Tracking Incomplete
Interesting story: We had a couple whose return was rejected when efiled because someone had filed a fraudulent return in the husbands name. To add insult to injury, 2 weeks later he gets a bill from TurboTax saying they did not get paid for the ...
1 message
Filing 1065; USPS Certified Mail Tracking Incomplete
I agree with option one. It takes about 30 days for paper returns to get in the system. The IRS does not like getting second copies so that often causes problems. Linda TAX PREPARER Sent via the Samsung GALAXY S(R)4, an AT&T 4G LTE smartphone ...
1 message