Published: Oct 05, 2016
Using TradeLog only once a year, at or near the tax filing deadline is not the most efficient use of our software. We strongly recommend that you use TradeLog at least weekly or monthly throughout the year.
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Tags: Active Trading, Trader Taxes, TradeLog Tips, 1099-B
Published: Mar 31, 2016
Keeping a journal or trade log is as big a hassle as doing taxes. But it is one of the most important and productive disciplines a trader can adhere to. It not only helps you accurately report taxes but also improves your trading.
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Tags: Active Trading, TradeLog Tips
Published: Mar 24, 2016
When it comes to taxes, the IRS serves as judge, jury and executioner. Ignorance is an unacceptable excuse. Trader tax rules are notoriously confusing for do-it-yourselfers and pros alike, causing people to overpay or get penalized for misreporting gains and losses.
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Tags: 1099-B, Trader Taxes, Options
Published: Mar 17, 2016
Doing taxes is a royal pain in the butt for anyone let alone active traders. The headaches arise from Form 1099-B, which brokerages use to report your trades to both you and the Internal Revenue Service.
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Tags: Active Trading, 1099-B, Trader Taxes
Published: Jan 23, 2016
Armen Computing Ltd. has released a major security update to it's TradeLog Trade and tax Accounting software program. Version 14.5 now utilizes encrypted data files for storing users brokerage account trade history and tax information.
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Tags: TradeLog News
Published: Jan 01, 2016
Very few of the 2014 1099-Bs will reconcile with TradeLog due to the different ways brokers are interpreting what should be reported, and what should not be reported. There is simply no standardization from one broker to the next.
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Tags: Trader Taxes, 1099-B, Wash Sales, TradeLog Tips