Traders who use TradeLog generally find that their IRS taxable gain or loss is far different than what their broker reported. Why? Because the IRS has a totally different set of rules for taxpayers than for brokers.
Should you care?
Will you get audited for this?
Should CPAs/Accountants care?
"Tradelog Team - just a quick note of thanks and appreciation! Your software is excellent, tutorials best in class and support superb. There is no possible way I could have handled my Return without it."
— Bruce in Tampa
"I recommend your software, it saves us a lot of money and time."
— Jeff in New York City
"Thanks for the explanation. It seems every year I have one of these odd ball [tax] situations... Thanks for the great software and job you guys do. I'd be a basket case at tax prep time without TradeLog!"
— Doug B.
"I want to express my sincere appreciation for your excellent product, and even more for your blue ribbon support."
— Chris V.
"TradeLog has made this monumental task possible. All aspects are superb. One of the best experiences I have ever had. Your documentation, tutorials, knowledge and insight into the tax process and implications, even the clarity of the sign-up process. The best software support and response that I have experienced. And I've learned a lot."
— M. Freehill
"My taxes would be so difficult without TradeLog. The more I use it the more amazed [I am] at what it can do. When I send in my taxes to the IRS I feel confident that I can back up my reporting and know that it is correct."
— M. Wilson
"I plan to trade for many years to come and need to work with people who have a complete tax solution with solid, real tech support. Many thanks again, you guys fit the bill."
— D. Frank
"...thank you for all of your support. I must say, you are seriously perhaps the most helpful software provider I have ever dealt [with]!"
— G. Lowe