For those who like to learn new things, here is a fun video made by the Google Chief Accountant. In it she explains the impact of foreign currency fluctuations on Net Income. She also explains how Google hedges to lessen the impact of the foreign ...
If club is organized as partnership or LLC or any other format..Do we have to report unrealized gains by mark-to-market accounting? It means unrealized gains as of 31 dec will be reported as gains. and then account value as of 1st jan 2014 will be ...
Learning about investment tax issues is part of learning about investing. Here's a great overview of some things it's important to understand about capital gains and losses from our friends at the IRS. http://content.govdelivery.com/accounts/USIRS/bulletins/a83b23#.UzwrfO4tk9I.gmail Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! ...
I'm sorry but I do not understand how an organization that is supposed to be supporting investment clubs and educating individual investors would be putting on a conference like this: http://online.wsj.com/article/PR-CO-20140331-907413.html We have had club after club this year have tax and accounting issues because ...
signed up for a free trial back in 2008 and decided to stay with myiclub.com. However things have changed and I would like to try it again. I see my club I signed up 5 years ago is still out there as a shell. Does ...
Hi Everyone, The IRS just released guidance on taxation of transactions involving BitCoin and other types of virtual currency. Ira and I thought it was interesting. We thought some of you might find it interesting also: IRS Guidance on Taxation of Bitcoin and Virtual Currency ...
Thanks for reply to my previous post. Investment clubs are made for active role of all members. But is is practically not possible for every member to participate in every stock purchase decision. some members like to play passive role or limit activity due to ...
Dear Stu, Thank you for your request. I will pass it along. In the meantime, here's an idea that might simplify things for you. If you store your SSG's for each company initially in their own folder, then it would only take one step to ...
If i form investment club as LLC or LLP and it will be member managed but as I am a genious trader(ha ha!?) is it possible to split profits differently than capital allocation. Example 2 members club. Capital investment will be 50% each. but year ...
The programmers need to go back to the drawing board because the whole website is difficult to navigate and definitely not logical nor intuitive. Linda Sent via the Samsung GALAXY S(R)4, an AT&T 4G LTE smartphone Original message From: Laurie Frederiksen Date:03/24/2014 11:33 AM (GMT-05:00) ...
The Autumn Chase Women Investment Club sold 69 shares of LOW stock on 02/06/13 and retained 7.778 shares. The shares held and price per unit/share agree in Bivio and Broker as of 2/28/14. The total cost and market value differ. Bivio's total cost is $175.67 ...
On rare occasion we have a member of our club withdraw. The majority of our members prefer to pay out in cash instead of selling or transferring stock to process the withdrawal. Lately we have been discussing setting aside a portion of our monthly dues ...