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Closing the Investment Club's Books for Tax Year 2024 |
12/18/2024 |
Here are the all-important tasks required to get your investment club's books in order at year end.
Every year, investment clubs should take the opportunity to make sure that their records are accurate, and their myICLUB.com club website is tuned for best practices. Our "Closing the Books" tasks will help prepare the club for generating its tax returns in early 2025, and ensure that the club's records are in top-notch order. It's also a good time to make sure that your club portfolio isn't invested in types of securities that can cause problems, like publicly-traded partnerships, REITs, foreign securities, ETFs, or mutual funds.
If you missed the live presentation by Doug and the team, the replay is available on our YouTube channel, or you can view the replay on demand right here:
The PDF handout of the presentation slides is also available for download.
myICLUB.com is the world's most popular tool for investment club accounting and operations. Sign up for a free trial to see for yourself why thousands of investment clubs choose myICLUB.com to manage their club's books and operations.
For more on tools for investment club accounting, operations, and tax preparation, please visit https://www.myICLUB.com.