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Late Filing Penalties
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 ...
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Your Monthly Financial Report
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 ...
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Suggestions for withdrawl rules
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 ...
3 messages
Tim Hortons
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 ...
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Spouse taking departing husband's place in the club.
We lost a member through death and his spouse would like to take his place in the club. How do we handle this in Bivio?
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club_cafe: RE: How long to keep club records
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 ...
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club_cafe: RE: How long to keep club records
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, > > &nbsp; > > Your point is well taken. ...
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List of deductible expenses
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,
3 messages
Sharing A Dream
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 ...
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How to Enter Litigation Settlements
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 ...
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Reorganize club
Our club began in 1998 and is losing long term members quickly due to various personal reasons. We started with 15 and currently have 9. The long term member payouts are averaging $9000. We are having to sell stocks at a bad time to make ...
2 messages
form 8805? for not withholding Foreign Member Taxes
Our club has a foreign partner and we do not withhold taxes because the partner has provide a w-8ben form. Has any of the club experienced this situation? If yes, please let me know the form you have filled and send to IRS? I filled ...
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And the Winner Is.......
The Mankato Teachers Investment Club from Mankato, Minnesota! Members of clubs from all over the United States came together last night to help determine the Grand Prize Winners in the bivio 10 th birthday contest. They had the difficult job of choosing between the four ...
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Member withdrawal - what stocks to choose?
We have a member who has withdrawn and the club has decided to transfer stock and cash into her name. How do we select the stock? Transfer winners? In prior years we have sold stock and offered the withdrawing member the cash from the sale. ...
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help
Somehow I am getting every question and answerto the club cafe. How can I get my email address off that list. It is filling up my email.
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