With the recent addition of new GainsKeeper powered tools in the Zecco Trading Center, many Zecco Trading customers have had questions about some of the tax implications of their investment activity. For those who haven’t heard, here’s what’s now available if you have a Zecco Trading account: Performance Tracking Track your account's performance using industry-recognized methodologies Customize your performance information, including the performance of individual securities, returns over a specific time frame, and comparisons to industry benchmarks Calculate returns including dollar weighted rate of return (IRR) and time-weighted rate of return Tax Planning Identify, calculate, defer and reverse wash sales, and adjust cost basis for corporate action events Track capital gains throughout the year, allowing you to complete Schedule D for tax filing (available with paid subscriptions only) Increase after-tax returns, maintain investment objectives, generate pre-trade analysis, and avoid wash sales by using the portfolio optimization tools Obviously, we’re not tax advisors at Zecco
Read More