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Forex can be accounted by accepting the account balance. For example the year beginning account balance is 1000, the total deposits are 200, the total withdrawals are 100, the year ending account balance is 1200, and then the account gain is 1200 - 1000 - 200 + 100 = 100 . Or the software that I develop can update an increase in account balance with a ...


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You can't really. You have balencies in 3 currencies. That is what your actual holdings are and what you manage. You can find a notional P&L if you use a notional rate to convert your balences in the non USD currencies into USD. That gives you a single number which you can use as an estimate of how well you are doing, but remember you still have risk the ...


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Generally the reports are going to be different. Although there is certainly some room for companies to intentionally account for things in ways that boost shareholder profits and minimize taxes, however, that is a very small reason for the difference. Among the major reasons When companies report earnings to investors, they're reporting consolidated ...


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Tax returns and Financial statements are two different things. Every unit of money that moves through the company has a tax impact: it can be taxable, partially taxable, neutral, deductible, or a credit. Every unit of money also fits into a section of the financial statement. Even if the same information is on both the financial reports and the tax return, ...


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If Mitt Romney was writing this reply, he'd reply, "Options are securities too, my friend." And for that reason, every trade made in them in the USA is listed on Form 8949 (Sales and Other Dispositions of Capital Assets). Well, at least my past and present brokers do so. In addition, realized losses can result in wash sales. For these reasons, tax ...


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