Released on: November 27, 2007, 5:34 am

Press Release Author: Christ A. Milesis

Industry: Software

Press Release Summary: Product Streamlines Process of Generating Schedule D


Press Release Body: La Jolla, CA, November 27, 2007 Track Your Trades Co. has
developed a new software product designed to greatly simplify completion of the
otherwise tedious federal Schedule D (Capital Gains and Losses) tax form. Created
for investors, traders, and tax professionals, Track Your Trades® (TYT) software
runs on Windows-based PCs and laptops. The product is the brainchild of President
and Founder Christ A. Milesis, Ph.D., who recognized that people investing in
stocks, options, and mutual funds needed a practical, fast tool to generate a
Schedule D for their tax return. Dr. Milesis states, "Track Your Trades was written
to help investors who are hamstrung by the dreaded Schedule D. Instead of pouring
over a stack of trade confirmations with a calculator trying to figure out cost
basis, wash sale adjustments, date acquired, etc., you can let our software do it
all for you - hassle-free."



The product allows users to either print the Schedule D report for mailing, or
export it to TurboTax, TaxCut, or Excel for e-filing. The normally painstaking task
of figuring cost basis (average purchase price, or cost, of shares sold) is done
automatically and seamlessly by TYT, based on user's choice of either the FIFO
(First In First Out) or Specific ID (user selects which share lots to sell) method
of finding cost basis.



Users can manually enter their trades into the software database, or import their
trades from a file downloaded from their online brokerage. TYT stores inputted
trades on the user's computer, allowing instant access to reports and analyses even
when the user's internet connection is slow or down. Speaking of access, TYT sports
an optional password protection feature that blocks unauthorized access to the
program.
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TYT also contains tools to support tax planning, including a "What-If Wizard", which
enables users to see a trade outcome beforehand to find opportunities for strategic
tax-loss selling.



Christ A. Milesis
Track Your Trades Co
8636 Villa La Jolla
Dr, Suite 6,
La Jolla, CA 92037
(858) 457-1861
chris@TrackYourTrades.com
www.TrackYourTrades.com





Web Site: http://www.TrackYourTrades.com

Contact Details: Christ A. Milesis
Track Your Trades Co
8636 Villa La Jolla
Dr, Suite 6,
La Jolla, CA 92037
(858) 457-1861
chris@TrackYourTrades.com
www.TrackYourTrades.com