Tax Lot Accounting Basics

When it comes to securities holdings, often times showing a loss isnt a bad thing. This happens when there are benefits to recognizing losses on securities, such as deferring capital gains (and their associated taxes) to a later time. This is where tax lot accounting software becomes a crucial weapon that every broker should have …

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What To Do When You’ve Outgrown Myob Accounting Software

Entry-level software such as MYOB and Quickbooks has done wonders for small businesses. These small business accounting systems let small business perform quickly what was previously a full time bookkeeping and accounting role. While they are great for start-ups and very small businesses, companies that want to move to the next level must have software …

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