Also if a campany charges a fee to have dividends reinvested on your behave, this is also considered income to your group. As mentioned by Ira, this information will be on the 1099-DIV form and if you enter the transaction correctly, bivio and the tax ...
We are a newer club, sold no stock, and the fee for Bivio, which is deductible is greater than our dividend income. We also had some broker fees (monthly fee at B&H) that are probably also deductible. So far we are a truly non profit ...
Our dividend reinvestments considered a taxable event? I assume any cash-in-lieu is taxable, but is the part re-invested taxable? Hopefully the tax software on this site has the answer and I don't have to think about it!
Hi - I looked thru several archive articles on Petty cash handling in Bivio but still have a question. My club uses nca v1.04. We use the petty cash to pay non-deductible expenses. Can we upload our files to Bivio as is? Or do we ...
Our club is less than a year old so we have not gone through the process of including the club in our taxes. Can anyone recommend an preparation agency/company which might be familiar with investment clubs?
With the change in goodwill accounting procedures that companies are now adopting, how does one compare past, present and future results in revenue and eps?
Hello. We are new and need to know the procedure for filing tax returns. K-1 to all memebers, correct? 1065 is a summary of k-1 to go to IRS, correct? Do we get our forms from Bivio or should we get on our own? If ...
When will I be able to print my tax forms??? IRS has forms available My club meeting is tomorrow and I like to be prompt with tax info to my members. If bivio expects delays I want to cancel my tax season subscription. Please advise.
Please help! We have 20 partners in our club. 5 of the partners are actually groups that consist of three or more people. Only one of the groups actual has their own TIN. As the club treasurer, how should I report to the IRS for ...
Our club has been operating 18 months and have just installed new officers. We are discussing "paying" our treasurer and would like some input from other clubs that pay their treasurer - are there any legal ot tax considerations? Should we add the agreed upon ...
I need to sign up & need someones club ID. 1st one to reply I'll use your ID as our referral. Next one to sign up use our club ID as your referral. Our club ID: suncoast Thank you Have a nice day.
Tried this question once before, but perhaps someone new is reading this time Our investment club owns two publicly traded partnerships, is there anyway to account for the K-1 income/(loss) items in bivio, or do I just need to account for the stock price and ...
Quick Question to see if my thinking is right. Best way to explain is probably an example. ** -Everyone puts in $50.00 each month but it may vary on the specific day so we have decided to use the Valuation date of the last day ...
Part of the narrative if the help files about privileges, contains the following: Regular partners (Secretary and Member) have limited privileges. They can view personal data of Guests and Members (except social security numbers), upload files, and receive messages sent to your club's mail address ...