Recent content by Mr. EB

Does anyone know if you have a 300 page tax return. Do you just put it in a box and send it to IRS? I mean I can't staple it. Put a rubber band around it?

For you tradelog + turbotax users, what do you manually edit on schedule D? Do you type in the first 4-5 transactions like Turbotax does? At the end, do you just print the tax filing, put tradelog's schedule D printout at the end and mail it in?

Well after spending couple of hours using Turbotax, it now tells me since I have over 3000 trades, it can't do my taxes. Thanks guys for telling me beforehand. I estimate I have 5000-7000 trades in nice little .TXF files. Will TaxCut software work with 5000-700 trades? Any other tax prep...

A wise man once told me, when you want to persuade someone, look at talking to their self-interest. So I wrote this: However put all of the above aside. The aim of this legislation is to make Wall Street pay for their sins right? Let’s look at the impact to a typical middle-class American...

Ok I read the original 0.25% tax amendment to the TARP bill: http://www.govtrack.us/congress/billtext.xpd?bill=h110-7125 It looks like in this iteration it won't be retroactive because they will just put the tax on top of the SEC fee per trade we already pay. Whew!

veggen, thanks for the offer, but they only care about U.S. citizens that can vote.

Yes. It will be counted as against the tax when the Senator gets his daily sheet showing how many of his constituents are pro/con a specific issue that called or emailed their office. Remember for every person that emails and calls their office, they think there are 100 people that think...

Just use the links in my first post and email I'm against the 0.25% financial transaction tax. Congressman just get a printout every day saying 20 for and 10 against this or that. They rarely read entire letters.

Beside contacting your congressman, call your online brokers. Tell them to tell their CEOs to use their lobby power to fight this thing. This will destroy the active trading business of every online broker: Schwab, Fidelity, IB, TD Ameritrade, every single one would get hurt badly due to...

If they pass it, it would be bad. However I'm really worried as they might make the tax increase retroactive to all trades done in 2009. I've traded a lot the last few weeks, I would be be totally screwed. Imagine a 0.5% tax hit for EVERY round-trip you did this year. Retroactive tax...

I call on the financial stock community blogosphere to come together and fight the 0.25% stock transaction tax. We must call our Congressmen and flood their email boxes to let them know how much of a horrible idea this is. The pro-tax momentum is increasing as a result of this <a...

I ended the first week of 2009 +1.1% YTD vs. the SP500 -1.3% YTD. However I am very frustrated on how it ended. Since I learn more through my mistakes than the winners, I will cover the negative first. Mistakes Going into Friday I was doing well, up over 4% having made good money every day...

Horrid day today. -19,810. -2.93%. +1.1% MTD.