My Account Store Store
SSG Tutorial

December 1, 2004 -
Don't let the ICLUB Insider get caught in your spam filter! Please add our "From" address ( to your address book or spam filter to allow our email to reach you.

ICLUB Insider December 1, 2004


File Your Club Tax Returns in 6 Clicks

Remember the good old days when preparing your club's required federal tax filings meant laborious hours spent filling out forms, doing tedious math and making multiple copies?

If so, you'll welcome the 2004 NAIC Club Tax Printers. Working in conjunction with your NAIC Club Accounting software (or NAIC Online Club Accounting), the Federal Club Tax Printer makes it possible for most club treasurers to create all of the necessary Federal tax forms (Form 1065, Schedule K-1, Schedule D and Schedule K) in just six clicks of the mouse.

That's right -- once you install the software, all you need to do is click through five simple screens and all your necessary IRS tax documents will be created in a matter of moments, completely filled in and ready to mail! All that's left for you to do is print the various forms and instructions and share them with your club members. (But don't worry, we won't tell your club members just how easy the Federal Club Tax Printer is to use -- and you can keep them convinced that you slaved hours over the preparation of their returns!)

For clubs in eight states (Arizona, California, Georgia, Massachusetts, Maryland, Minnesota, Missouri and New York), the State Tax Printer is also available, making it just as simple to generate the tax forms required by those states. The State Tax Printers are separate programs from the Federal Club Tax Printer, but are just as straightforward and convenient to use.

Now through December 31, 2004, NAIC members can pre-order the 2004 Federal Club Tax Printer at a whopping $30 discount off the regular $79 price! Pre-order today for just $49 each, and you'll receive the Tax Printer by download or on CD-ROM as soon as it's ready to be delivered in the coming weeks (as soon as the IRS finalizes the 2004 forms). Wait until 2005 to buy and the price goes up to $59. If you're not an NAIC member club, then no discounts apply. The same prices and discounts apply to the State Tax Printer, as well.

You may have noticed that the title of this article refers to "6 clicks" of the mouse, but there are only five screens that appear -- so what's the 6th click? It's the easiest of all -- it's the button that says "Quit" once you're finished using the program.

What are you waiting for? The 2004 Club Tax Printers are available for pre-order today! Remember, they're just $49 for NAIC members ONLY if you order before December 31, so make sure to have your NAIC membership number available before you order, and visit:

Don't Let Your Club Accounting Support Lapse!
by Dan Abraham,
Director of Customer Support, ICLUBcentral Inc.

Has your investment club changed treasurers in the past year? If so, now's the time to make sure that your Club Accounting Support hasn't lapsed. Your Club Accounting Support subscription is valid for one full year of support services and must be renewed annually. If your club has changed treasurers, then you should double-check to make sure that your club's renewal notice hasn't been overlooked. Plus, if you renew your support before the end of the year, you can report the expense on your club's year-end financial reports.

If you've been appointed "Treasurer for Life" for your club (or even if it just sometimes feels that way), then you probably already know the benefits of having full access to ICLUBcentral's Support team, including access to our online support pages, personalized email support, and telephone support that's just a call away. Also remember that the only way to receive software updates and automatic stock quote downloads is by having a valid Support contract.

Either way, Club Accounting Support is a club treasurer's best way of ensuring that your club accounting software keeps running smoothly. Make sure that your club's treasurer sees this notice, and forward this email to them today!

To renew your Club Accounting Support, please visit:

Selecting a Starting Point for Projections in Toolkit 5
by Douglas Gerlach,
VP of NAIC Products, ICLUBcentral Inc.

NAIC Investor's Toolkit 5 has three different options available for selecting the starting point of your future EPS and revenue growth projections. These options are often the source of some confusion, so let's review the choices.

First, you can select the option that you wish to use by default for new companies by visiting Options > Preferences from the Toolkit 5 menu and choosing the Stock Study tab. There you'll find the three selections:
     1) From the last annual data
     2) From the last quarterly data
     3) From the end of the trend line

If you select a new choice here, it will only be reflected in new SSGs you create or import into the software -- it won't change any of the projections on SSGs already in your library.

These options can also be changed for an individual company. From the Visual Analysis screen (after clicking the SSG graph on page 1), you'll see a link that says "Start Projection" in the blue toolbar above the graph. Click it and you can change the projection starting for only that particular company.

Now that you know how to change those settings, when should you use which option?

According to the Toolkit 5 manual, the first option, projecting from the most recent annual data, is the default setting, since most people figure on projecting out for the next five fiscal years. Analysts' estimates are most often based upon those figures.

The second option, from the last quarterly data, considers that the quarterly data is already reported and projections should make use of the most up-to-date data.

The third, from the end of the trend line, assumes that the trend line is the "norm" and the actual data points are "deviations from the norm." The rationale here is that a projection from the end of the trend line will likely be closer to the norm in the future and deviation would be minimized.

On occasions when you've determined that the most recent year's poor performance should be eliminated as a non-recurring event -- and you had better have a good reason for this -- you will need to select either the trend line terminus or the most recent quarter to start your projection. Otherwise, you may not even have a place to start from.

Another point of confusion is how projections are displayed on the Toolkit 5 graph. No matter which choice you make for the starting point of your EPS projections, Toolkit 5 always calculates future revenues and EPS going out for a full five years. This means that the future projection line always begins on a point on the most recent fiscal year (even if you select "from last quarterly data"). This point is determined by whatever starting value that you've selected from the three choices. Here's where it gets confusing -- if you select "from last quarterly data," the trend line does not begin at the most recent quarter that's plotted on the SSG graph. The explanation is simple -- if the projection were to begin on the last quarter, the five year projection would end somewhere off the right of the graph -- and perhaps even off the page! By beginning the five year projections on the most recent fiscal year, you will always see a full five year projection on the graph, and growth rate indicated by the ending value will always match the scale on the graph.

This is just another of the many improvements in NAIC Investor's Toolkit 5 over version 4. If you haven't updated already, don't delay too long while special upgrade pricing is still in effect!

For more information on NAIC Investor's Toolkit 5, please visit:

NAIC Take Stock Makes a Great Stocking Stuffer
by Douglas Gerlach,
VP of NAIC Products, ICLUBcentral Inc.

Thanksgiving decorations are now available only in the clearance aisle, and that can mean only one thing -- the year-end holidays are on the way! Although you may not want to start thinking about the joys of the season -- or working on what to buy for those on your holiday list -- it's that time of the year once again.

So with the spirit of the season firmly in mind, I'd like to offer a suggestion that will help you avoid the usual last- minute rush to find gifts for loved ones. This idea has the added benefit of being a gift that can truly improve the lives of your loved ones for years to come, contributing to their long-term financial security while teaching them about the best way to invest in the stock market.

Instead of giving a sweater or necktie or video game to your loved ones this year, why not consider stuffing their stocking with NAIC Take Stock? This official NAIC Software program is designed for complete beginners to investing, and makes the often-intimidating task of completing a Stock Selection Guide possible even for those who don't know a stock from a Yule log.

NAIC Take Stock fully employs NAIC's time-testing investing methods, leading investors to make better investing decisions based on the quality and potential return of companies that pass Take Stock's rigorous computerized logic. And since NAIC Take Stock includes one full-year of data on more than 7,000 companies, seamlessly delivered via any computer's Internet connection, there's no need for other data services or endless manual entry of numbers into the software. Just enter a ticker symbol and follow the on- screen instructions, and in just a few steps any investor can determine the worthiness of any stock.

Because NAIC Take Stock is programmed to allow anyone to use, regardless of experience, even young people, mathematic-phobes and even drama majors (like me!) can put the software to use immediately, without the need to read a complicated manual. Just follow the prompts in NAIC Take Stock's interface to examine each element of the software's analysis.

Order a copy (or several!) of NAIC Take Stock today for your loved ones, young and old, and give them the gift that will keep on giving for years to come -- an education in the benefits of long-term investing as well as practical analyses of stocks that your favorite people can use today.

For more information on NAIC Take Stock, or to download a demo, please visit:

Read past newsletters, subscribe, or unsubscribe at:

Copyright 2004 ICLUBcentral Inc. All rights reserved.

Newsletter Archive

Subscribe to newsletter

Unsubscribe from newsletter

About    Press    Management    Privacy Policy    Terms of Service    Contact

copyright © 1989 - ICLUBcentral Inc. or its affiliates