| ICLUB Insider |
November 29, 2006 |
THE LATEST NEWS ON
INVESTING SOFTWARE BUILT BY ICLUBCENTRAL INC.
Summary
It's the Holiday Season, and there's no better time to prepare yourself for that other season full of stress, frustration, and anxiety -- Tax Season.
Make your financial New Year easier by pre-ordering ICLUBcentral's 2006 Federal and State Tax Printers, now available from the ICLUB store for only $89.99 each. They're the gifts that keep on giving!
Why slave away over your 1065's and Schedule D's, or waste a few hundred dollars hiring an outside preparer? Our Club Tax Printers allow your club's treasurer to generate all the necessary IRS forms (and the state forms for AZ, CA, CO, GA, MD, MA, MN, MO, NJ, NY, & PA) in just seconds -- accurately and completely. All you need is Club Accounting 3.1 and a valid Club Accounting Maintenance subscription, or a current subscription to Club Accounting Online at myiclub.com.
By pre-ordering your Tax Printers, not only will you beat the January rush (both on orders and on our tech support hotlines), but you'll also save $30 off the standard price if you place your order before 12/31/06!
Don't wait -- pre-order your 2006 Club Tax Printers Today!
How Do I Close My Books?
by Daniel R. Abraham, Director of Technical Support
Strictly speaking, "closing the books" is a misnomer. You don't have to put everything on hold while you finish out last year's transactions. You can continue to record next year's transactions while finishing this year's transactions in preparation for filing the partnership tax return.
A few warnings and reminders to start:
- If you are still using Club Accounting versions 1 or 2, you must move to Club Accounting 3.1 (CA 3.1) or Club Accounting Online (CAO) to run your taxes.
- Do not enter ANY transactions on 12/31 except the valuation. No deposits, no sales...nothing. If the broker or bank say the transaction is on the 31st, move it to the 30th in the software.
- If you can't make it on time, you can ask the IRS for an extension. Visit www.irs.gov for more information. The partnership return is due on April 15th.
- Want to know how Club Accounting determines how to fill out the form? Check our support page.
You will not be able to finish processing the year's transactions until...(Continue reading at iclub.com)
Instead of cramming those carefully hung stocking with chewing gum, shaving cream, and deodorant again this year, why not visit the ICLUB store and buy the fundamental investor in your life something really special?
Take Stock is an all-in-one software package that provides investors with Instant Stock Analysis(tm) -- just type in a ticker symbol, and you'll get real-time buy, sell, or hold indicators for thousands of publicly traded stocks. Its powerful screening capabilities make Take Stock the perfect compliment to Investor's Toolkit 5 or Stock Analyst 3. And don't forget about Ellis Traub's Take Stock, the comprehensive companion book to the software!
Has your portfolio been consistently out-performing the market for 33 years? Has it generated an annual return of nearly 14% over the last 10 years? The Investor Advisory Service has. ICLUBcentral's independent and unbiased monthly investment newsletter gives smart investors the extra edge they need to beat Wall Street. Each issue of the IAS includes three SSG stock studies, market news, and company profiles.
And if you've ever wanted to fully explore the rich features of your favorite investing software titles, then be sure to stuff your stockings (and those of your investment club members) with ICLUBcentral's software manuals. These spiral-bound user guides are certainly handy to have at home, but they're also the perfect resources to have at your club's disposal. Available titles include Investor's Toolkit 5, Stock Analyst 3, Club Accounting 3, and Club Accounting Online.
Read past newsletters, subscribe, or unsubscribe at:
http://www.iclub.com/newsletters/
© Copyright 2006 ICLUBcentral Inc. All rights reserved.
Some ICLUBcentral products use the investing methodologies of BetterInvesting, a national nonprofit organization dedicated to investor education. BetterInvesting assumes no liability or obligations with respect to the investment education information or other content presented in the ICLUB Insider. For more information on BetterInvesting, please visit http://www.betterinvesting.org.
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