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 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.
or
- Watch a Video
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.
or
- Watch a Video
Import from any broker
Yeah, we mean it. Any broker. Don't see yours listed? Don't worry. We can handle it.
Bridging Tax Professionals and Traders to Unparalleled Success
Empowering both sides of the trading spectrum with cutting-edge tools and insights.
