My friend Esther writes a good synopsis of considerations about software for accounting for investments
http://accountant.intuit.com/practice_resources/articles/accounting/article.aspx?file=efk_QBInvestments-1
I am available for individual consults on starting up a Quicken file to track your portfolio.
If you aren't aware of the stop loss and superficial loss rules for identical property holdings in registered and unregistered accounts, it may be time to research the investment accounting requirements for calculation of adjusted cost base required by the Income Tax Act.
Here's some information about the services I provide, and a link to some articles Canadian MoneySaver published that I wrote about investment accounting:
http://www.taxdetective.ca/growyournetworth.html
Have you started your tax deliberations for last year yet?
9:48 AM |
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