by Krisan Marotta | Aug 22, 2014 | KBO, Performance
Q. I’m confused about how the taxable flag should be set for the various fixed income securities. Everything seems to come in marked as taxable. Can you help? A.For most brokers new fixed income securities default to state taxable “yes” and federal...
by Krisan Marotta | Aug 15, 2014 | KBO, Reporting
Q.Can you explain “intra-group transfers” and why the contribution/withdrawal numbers are not the same on all the PortfolioCenter performance reports? A. In PortfolioCenter, an “intra-group” transfer is money or securities moved between two...
by Krisan Marotta | Aug 11, 2014 | KBO, Reporting
Q.Is there a PortfolioCenter report that will identify all the buys and sells for a specific security during a specific time frame? A.There is! The report you’re looking for is the Global Security Reconciliation report. Suppose you want to find all the trade...
by Krisan Marotta | Aug 4, 2014 | KBO, Performance
After receiving their PortfolioCenter quarterly reports, the most frequent question from clients usually concerns the net contributions/withdrawals. (“But I didn’t take out that much money?!”) The total contributions and withdrawals on...
by Krisan Marotta | Jul 28, 2014 | Cost Basis, KBO
The “final” Internal Revenue Service (IRS) regulations on cost basis reporting for fixed income securities and options securities are phasing in between now and 2016. Here’s the bottom line: It’s going to be MORE difficult to keep cost basis...
