Is there data available that shows relative composite investment performance of actively participating NAIC clubs? We are seeking data regarding the top, average and lowest performance to be utilized as a benchmark. Also, what percentage of NAIC clubs use on-line brokers?
A flat rate for x trades should be logged as a deductible investment expense and not commissions. A commission is included in the cost basis of a stock only when it is directly tied to that transaction. That is, you paid the commission because you ...
A monthly trading fee is a deductible expense. If the $9.90 fee is associated with a specific stock transaction, then it is a commission which adds to the cost basis of the stock purchased or decreases the sales proceeds of a sale. Ira Smilovitz In ...
What would be the best way to enter the comission fee? Our commission fee of 9.90 a month gets automatically withdrawn from our checking account and we do not pay for commission from within our brokerage unless we make a real time trade. The 9.90 ...
Lynn's response was far from trite and useless. In most state's there are other requirements for LLCs other than having a written operating agreement. You often have to pay annual registration fees to the state, in some cases as much as $800/year. LLC's often have ...
Hi everyone.. I am looking forward to becoming part of the bivio team. I have recently formed an LLC that as part of the process.. I needed to provide a list of members.. Same thing with opening the ic brokerage account.. my question is this ...
Enter the stock dividend as a 1.05:1 split. Then enter a sale of the fractional shares received for $4.42. Ira Smilovitz In a message dated 06/15/2008 8:44:37 A.M. Eastern Daylight Time, wecanpp@bivio.com writes: I need some help recording a stock dividend. We received 5 additional ...
I need some help recording a stock dividend. We received 5 additional shares of Valley National Bank at no cost. As part of the same transaction, we received $4.42 as cash in lieu. I would appreciate any guidance. Thanks so much.
AccountSync should pick up the fractional share sale, but the transaction may be delayed by a day or two. If not, just enter it as an ordinary sale of 0.xxx shares for $y.yy. You can leave the commission amount as $0. Make sure that your ...
we sold chico's and washington mutual and have fractional shares. broker sold them and i'm not sure i'm entering them correctly. i went to Investments, hit Sold, filled in the amounts, unable to fill all the squares because broker just gave us a special deal. ...
OK. No help with toolkit 5, how 'bout the annual self audit. I have done it each year but i don't have a good method. anyone have a system that qualifies as proper accounting? Deannie
I am considering toolkit 5. does it work separately from bivio? does it work with bivio? what do people think of this product? how will it help me most? Deannie
I made an error and sold the wrong stock. I bought it back the next day, but the wash rule is in effect. Does Bivio automatically take this into account at tax time or is this a manual adjustment? Thanks.