TRADERS
SERVICES: TRADE ACCOUNTING

We offer trade accounting consulting, set-up, use and review services at an excellent price.

Most traders are very busy and focused on trading, and some traders don't want to deal with accounting headaches.

We prefer to use the best trade accounting program on the market TradeLog® for GreenTraderTax. A separate license is required. Click here to learn more.

Not only do we save traders valuable time but, more importantly, we get the trade accounting right! As good as TradeLog® is, we still suggest that an experienced trader tax accountant reviews the results for wash sales and other complex tax treatment reporting, as well as reconciling the results to broker-generated Form 1099s and year-end statements. Other industry available trade accounting solutions often have problems with wash sales (ie. stocks to options), MTM reporting, 481(a) adjustments, tax treatment and more.

TradeLog® refers its customers to our CPA firm for these trade accounting services.

Trade Accounting Services - one hour time block If you want to purchase more than one hour, please add this to your cart and then change the Units in the cart before CheckOut. $200 per hour

Trade accounting is too important to botch. Keep in mind that the most important elements of a trader tax return are the trade accounting results. Not only must your trade accounting be correct dollar-wise, it must adhere to very complex tax rules for trader tax treatment (wash sales, MTM, short sales and much more).

Most consumer (off-the-shelf) accounting and tax preparation programs are useful for general finances and simple tax preparation, but they fall very short for hyperactive trade accounting. Most don't account for wash sales, or short sales or mark-to-market accounting correctly. Some confuse securities with futures with forex.

Some online brokers are offering trade accounting reports, but most fall far short of being Schedule D IRS-compliant, and most don't report wash sales, MTM and other complex treatments. Brokers also don't provide wash sale adjustments across all your brokerage accounts and that is the rule.

Cutting corners on trade accounting is a huge mistake. Make one mistake on one trade lot and your numbers can be far off. Confuse a future as a security and you may overpay taxes by 12 percent on those gains (the difference in rates). Overstate wash sales and overpay your taxes. Understate wash sales and be subject to back taxes, penalties and interest. Don't reconcile to your 1099s with tax reporting and you can expect a tax notice and maybe even a tax exam. Use summary reporting for securities and that can trigger a tax exam too, since proper line-by-line reporting is required on securities. The list goes on and on.

We recommend TradeLog® for GreenTraderTax, since we have provided some tax support to this third-party product for more than seven years; and we think TradeLog® does an excellent job on wash sales, mark-to-market accounting, short sales and other complex tax treatment for active traders.

If you need trade accounting help, please allow us to help you. We provide our services throughout the year. If you want our help on TradeLog®, please purchase the product/suscription through us as resellers; so we can support your purchase. Click here.

How our service works.
If you like, you can give a temporary password to your assigned GreenTrader CPA to quickly access your transaction information on your brokerage firm's Web site. Otherwise, just email us your data file. TradeLog® allows us as accountants to work with you on their program. We ask you to change your password immediately after we download the trades into the program (as we don't need future access). You can trust our CPAs and accountants.

Note that some traders have many thousands of complex trades, and some of these trade accounting jobs can be difficult. Some have taken five hours or more.

We deliver your completed data files and you can continue using the program on your own going forward, or have us do the future accounting jobs as well. It's your choice.

Want a quote?
If you prefer, e-mail us your number of accounts, list your brokers, tell us if you have cash or mark-to-market (MTM) accounting and mention if you have complex transactions if you use the cash method (straddles, offsetting transactions, etc.) E-mail us at info@greencompany.com or call our toll-free number. We will quickly reply with a time and cost estimate for our trade accounting services.

A separate program license is required.
TradeLog® is owned by Armen Computing a third-party firm, entirely independent of GTT. That's why we can't package the program along with our tax preparation services. But if you want our support on the product in tax preparation or otherwise, you need to purchase the program through out site, as we are resellers. Click here for our software page and then click through to Armen's site.

If you want to wait and see if our Trade Accounting Service will generate accurate results on your account before you purchase the license, that's OK. We will tell you it worked, and you can then purchase the required program license. After purchase, we will deliver the results.

Here are testimonials from a few of our trader clients who use our trade accounting services.

-----Original Message-----
From: kmzzzzzz [mailto:kmzzzzzz@msn.com]
Sent: Wednesday, July 28, 2004 4:10 PM
To: rgreen@greencompany.com
Subject: Fw: Mzzzzzz, Kxxxxx - 2003 TradeLog reconciliation of Schwab account

Mr Green...it was worth every penny...thank you and your staff very much for looking at my accounting reconciliation (with GTT TradeLog). Deborah made me feel as important as your big profit clients.

I look forward to many years with your firm.

Kxxxx Mzzzzz
kmzzzzz@msnc.com

From: Wxx Ayyyy [mailto:wayyyy@xxxxx.com]
Sent: Tuesday, March 30, 2004 2:49 PM
To: GTT CPAs
Subject: Re: Axx--2003 reports

Thanks. That means alot to me. A huge burden has been lifted from my shoulders ever since you took over the accounting. You, and Wes, have been nothing short of wonderful.

Sincerely,
Wxxxx Ayyyyy
Managing Member
Axxxx, LLC

-----Original Message-----
From: axxxxxx@comcast.net [mailto:axxxx@comcast.net]
Sent: Tuesday, February 11, 2003 2:48 PM
To: GTT CPAs
Subject: taxes

I just want to tell you that my wife xxxxx, and I are pleased with the way your company did our trades for 02. I have been using the same firm for many years and am friendly with someone at the firm but I must tell you that I will be using your firm for my 03 taxes. Was nice doing business with you. Take care xxxxx&yyyyy Cxxxxxxx

-----Original Message-----
From: Kxxxxxx@aol.com [mailto:Kxxxxxx@aol.com]
Sent: Saturday, February 15, 2003 9:42 AM
To: GTT CPAs
Subject: (no subject)

Dear GTT CPAs, as a wrap up, I want to thank you for your great work and very short notice rescue with the GTT software, particularly in light of it being the last day before your trip. Obviously, I got behind the curve on, for example, the wash sale related transactions. It's nice when the tech type product experiences, which will never work for me on my own, are turned into good ones thanks to a human. I hope I can refer several clients to you and Wes in the future for both the software products and the accounting services. Pxxx Kxxxx