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Using Trade Accounting Software to Assist Your CPA


Most CPAs and trading accountants dread tax time! They don’t have the same perks as the average Joe who can file a W-2 in 20 minutes by using a popular tax software package! Instead, trading accountants have to undergo the grueling process of piecing together every trade for the tax year being filed. This is why the pricing of professional accounting services has dramatically increased over time. Of course, this does not mean that you should assume that filing your own taxes is the answer. There are clear advantages to choosing a good professional trading accountant as discussed in the previous article. However, as a user of TradeLog trade accounting software, you can compromise by assisting your CPA in filing your taxes, which can save you time and money!

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Tags: Trader Taxes

What Some CPA’s Don’t Want You to Know


For decades there have been qualified accountants available to assist in filing individual and corporate taxes. While many people now use popular tax software to file their own taxes, there are still a good number who rely solely on a CPA to prepare their tax filing. If you are a trader or investor and are thinking of using or currently use a CPA, there are some things you should know that some CPAs don't want you to know…

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Tags: Trader Taxes

TradeLog Tip: Toggle Quick Start Panel


Here is a trick to bring the TradeLog Quick Start Guide right to your TradeLog window with just a few key strokes! Instead of going through the Global Options settings every time, use the keyboard shortcut Ctrl + Q to toggle the new Quick Start Panel either on or off.

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Tags: TradeLog Tips

TradeLog Tip: Customize TradeLog Reports


Here is a tip to help TradeLog users customize the appearance of reports. Change the way reports view on your screen, adjust fonts, paper size, and edit the name that shows on reports. You can even have your Social Security number or EIN number print on tax reports!

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Tags: TradeLog Tips

Tip: Traders and Investors eFile with TradeLog and TaxACT®


Looking to e-file your own taxes with an online solution? For best results try using TaxACT®! We have worked directly with TaxACT® to enable you to easily import your TradeLog generated Gains/Losses. Once you have imported you can complete your filing with their easy-to-use online software.

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Tags: TradeLog Tips

10 Tips for Taxes and Time Management


Its tax time again! What I find amazing is the amount of procrastination that occurs this time of year. Benjamin Franklin reminded us that along with death, taxes are inevitable. And we know every year at April 15th we have to file. Yet, many of us still put it off as long as possible, perhaps hoping it will just go away! Following are ten tips to help you stop procrastinating and get your taxes done:

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Tags: Trader Taxes