For those of us in the East, winter has arrived a bit early ... and tax season can’t be far behind! All active investment clubs must file federal tax forms, even clubs that lost money or didn’t trade. Many states also require clubs to file state forms. If performed manually, these tasks usually require at least several hours or even days.
Now available for pre-order, the 2003 NAIC Club Tax Printer makes these dreaded tasks easy and error-free. In just a few minutes, the software helps you produce “ready-to-mail” Federal Tax Forms for your club and each member. You can print a finished Form 1065 (including Schedule D and supporting schedules) for your club, plus a Schedule K-1 for each member. Just review and sign them, then lick the stamps. You’re done!
As in the past, the NAIC Federal Club Tax Printer will be available in both a Desktop Version, which works on Windows-based personal computers and pulls data from your copy of NAIC Club Accounting v2.5 or higher, and an Online Version, which works on all major operating systems, including Macintosh and Windows and is available to all clubs using NAIC Online Club Accounting (NOCA). The Desktop Version has been the choice of tens of thousands of NAIC clubs year after year, and the even simpler Online Version has quickly become the largest site for online partnership tax preparation in the world.
Useful tax-related links and detailed information on the NAIC Club Tax Printer may be found at www.iclub.com/taxes.
You may save $10 by pre-ordering the 2003 NAIC Club Tax Printer online—just visit www.iclub.com/taxes/buy. The software will ship soon after the IRS finalizes its tax forms (typically in mid-to-late December). Telephone orders will be accepted by NAIC only after January 1, 2004
For the first time, NAIC is now offering software to help investment clubs print required state tax forms. The 2003 NAIC State Tax Printer generates required state tax forms for the club and for each member for submission to the relevant tax authorities in each of the following states: AZ, CA, FL, GA, IL, MD, MN, MO, and NY.
The 2003 NAIC State Tax Printer is available only in a Desktop Version for use on Windows-based PCs. You may pre-order the software online at www.iclub.com/taxes/buy.
Tick tock: Time's running out for NAIC Stock Analyst discount
NAIC’s new top-of-the-line investing software, NAIC Stock Analyst, is available at a discounted introductory price only until January 15, 2004. Remember that you can learn more about this software or download a free demonstration copy at www.iclub.com/nsa at anytime. To order the software, please visit www.iclub.com/nsa/buy or call NAIC at 1-877-275-6242, ext 0.
Required Club Accounting Update Now Available
The new, tax-compatible release of NAIC Club Accounting is now available to clubs with a current ICLUBcentral Support Agreement. This release, version 2.5 of NAIC Club Accounting, brings the software in compliance with the changes in tax law passed by Congress earlier this year. Without the update, club accounting data in older versions of the software is inaccurate and incomplete, which would prevent proper tax filings (with or without the NAIC tax software).
To download the free update to NCA 2.5, please visit www.iclub.com/support/buy.
Investware Insider to Be Merged into ICLUB News
As part of ICLUBcentral’s recent merger with InvestWare Corp., the monthly InvestWare Insider will become part of ICLUBcentral’s biweekly email newsletter, ICLUB News. At the same time, to better reflect this union, ICLUB News will be renamed the ICLUB Insider.
The content of the InvestWare Insider will be carried over into the combined publication, which will feature articles on investing, companies, and software by our staff and outside writers, as well as the usual mix of product news and details of our appearance at upcoming events.
If you’re already a subscriber to either of these online publications and wish to receive the new ICLUB Insider, please do nothing—we’ll carry over your subscription automatically. You may also subscribe or unsubscribe via www.iclub.com/newsletters.
Read past newsletters, subscribe, or unsubscribe at:
Copyright 2003 ICLUBcentral Inc. All rights reserved.