Investment Club State Tax Preparation

Is your investment club in a state other than California, Colorado, New Jersey, New York or Pennsylvania or do you need partial year state tax returns?*

You can find a list of states that require investment clubs to file state tax returns here: State Tax Requirements

If yours is one of the ones that is not included with your bivio subscription or if you need a partial year state tax return, it is our pleasure to offer you an option for having your state partnership return prepared.

You may engage Glenwood Tax Services (Ira Smilovitz) to extract the relevant information from your bivio-generated Form 1065 and a supplemental state questionnaire and use that data to complete your state return. All confidential data will be exchanged through a secure portal created for the sole purpose of communicating with your club's treasurer/administrator.

If your club would like to take advantage of this service, Glenwood Tax Services is offering it at a low, competitve rate. The base rate of only $89 covers clubs up to 10 members. If your club has more than 10 members, each additional member will cost you only $5 more. If your club has to file in multiple states, additional state returns can be added at a reduced rate.

*State tax preparation for CA, CO, NJ, NY and PA is included with Preferred and Active Partnership level bivio subscriptions(for regular year tax returns). For questions about other states or partial year returns, email Ira at support@bivio.com