Audit My Broker™

Uncover, Correct, and Regain Control

Facing discrepancies in your gain/loss reports from your broker(s)? Our robust feature, Audit My Broker, stands as a vigilant guard and a proficient resolver. Equipped with a fully-compliant algorithm, it meticulously audits your trading data, flagging wash sales and recalculating your gains/losses based on the selected accounting method with your brokerage—be it Cash or Mark-to-Market. This workhorse not only rectifies errors but empowers you with a transparent, accurate reflection of your trading activity. Whether you’re a tax professional or an individual trader, Audit My Broker transforms a taxing ordeal into a seamless, reliable process.

What Audit My Broker Does

Perfect for traders and tax professionals. Take a look at how we provide features for traders and tax professionals alike.

For Traders

Unparalleled Tax Reporting with Audit My Broker™

Comprehensive Audit

Ensures your trading records are meticulously examined for any discrepancies, providing a clear, accurate depiction of your trading performance over the fiscal period.

Wash Sale Identification

Automatically flags wash sales, helping you understand the tax implications and aiding in more informed future trading decisions.

Error Checks

Provides a user-friendly platform to rectify any discrepancies between your records and your broker’s reported data, putting you in control of your financial narrative.

Customized Gain/Loss Calculation

Adjusts the gain/loss calculation based on your selected accounting method with your broker, ensuring the figures on your tax forms are precise and compliant.

For Tax Professionals

Unparalleled Tax Reporting with Audit My Broker™

Comprehensive Audit

Provides a thorough inspection of your clients’ brokerage-reported gains and losses, ensuring every transaction aligns with the chosen accounting method. This critical audit helps in establishing trust and transparency between you and your clients.

Wash Sale Identification

Offers a precise detection of wash sales, aiding in accurate tax reporting and compliance, which is essential for maintaining a reputable practice.

Error Checks

Facilitates an intuitive error reconciliation process, enabling the addition of missing transactions or correction of misreported ones, ensuring an accurate representation of your clients’ financial standing.

Customized Gain/Loss Calculation

Allows a tailored calculation of gains and losses based on the chosen accounting method (Cash or Mark-to-Market), ensuring compliance and accurate reporting for diverse client needs.