TradeLog Blog

Summary of the tax forms and information investors and active traders need to file their 2016 tax returns. Get started early so you don't feel pressured to cut corners to meet the deadline. Give yourself enough time to get the job done right!

Why spend your time preparing your gains and losses for the IRS when TradeLog™ can do it for you? A review of the top ten advantages of using TradeLog™ software to prepare your trader tax return.

We are excited to announce that Cogenta Computing is the new owner of TradeLog software. Read on for what this means for the software as well as for our customers! Positive changes will be implemented over the next few months.

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.

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.

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.