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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (182)	11/4/1997 6:39:00 PM
From: Zeuspaul	Read Replies (2) \| Respond to of 5810

The IRS can say you owe them a LOT of money. They will not ask for the money, they will take it. You should be concerned. Their mind set is to collect tax revenue, not to save you money. They do not anticipate, they react. Discount brokers can provide this service if we demand it. It would not be costly. It is a software issue. If it can be done in $40 of Quicken software, it can be done for online software. On the sell screen one would pick the lot to be sold and it would show up on the confirmation. It would all be done by computer. Don't believe the discount broker if they tell you it is expensive. Do you want to save $50 on a trade and then pay a $500 tax bill?