TradeLog Blog

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.

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.

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.

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.

Learn how to report the cash settled exercise of a Section 1256 contract for IRS tax reporting.

The April 2014 Google stock dividend affects many TradeLog users, and is not the easiest corporate action adjustment. Our support team has provided some specific instructions and guidance to assist TradeLog users with the necessary adjustments to their trade history.

The 2014 tax season is rapidly coming to an end, and many stock and option traders are scrambling to complete an accurate IRS Form 8949 for reporting their capital gains and losses on Schedule D. Misinformation abounds when it comes to trader taxes. What do you need to know?

One sentence changes everything. You may think completing Form 8949 for Schedule D is pretty straight forward, but the majority of active traders are affected by one instruction which has some massive implications. We'll reveal this instruction and explain three situations in which it affects most traders. And we'll tell you about the implications you need to be aware of.

The June 9th AAPL stock split affects many TradeLog users. Our support team has put together these specific instructions to help you easily adjust for the split of stock and option positions in your TradeLog trade history.

TradeLog offers a range of useful filters for trade analysis. In this second part of our series of tips, you will learn about simple Find functions that will help you quickly isolate certain types of securities or certain types of records.