Total Transactions Processed
325M+
PROVEN ACCURACY
FROM THE COST BASIS SPECIALISTS
Optimize Your Client
Tax Planning Strategy.
T+1 is Here! Now you are equipped to make real time smart decisions on the the best tax sales method before the next day settlement.
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What is Net Simulator?
The Net Simulator is an easy to use and cost-effective simulation tool that provides financial professionals with the ability to surgically tailor their client year-end tax strategies. What makes Net Simulator different:
Targeted Scenario Modeling: Visualize different investment scenarios and their tax implications, empowering you to make informed decisions.
Tax-Efficient Strategies: Net Simulator provides insights into tax optimization, including strategies like tax-loss harvesting, to preserve your wealth.
Risk Analysis: Understand the risks associated with your investments and identify ways to mitigate them effectively.
User-Friendly Interface: Net Simulator tool is intuitively designed for easy use and fast results.
How Does It Work?
How can Net Simulator help me?
Net Simulator is the perfect tool to provide you with the opportunity to engage with all of your clients to discuss year-end tax planning business:
Maximize Returns
Identify opportunities to improve your after-tax returns and grow your wealth.
Risk Mitigation:
Understand and manage risks associated with your investment decisions.
Tax Efficiency:
Minimize taxes through tax-efficient strategies and planning.
Informed Decisions:
Gain valuable insights to make well-informed investment choices and recommendations.
Make the most out of Net Simulator by providing your clients with targeted simulation capability as you prepare for T+1.
Tax Loss Harvesting
The Net Simulator tax loss harvesting feature is a valuable strategy for Advisors seeking to optimize their client’s targeted tax situation.
Charitable Giving
A well-structured charitable giving strategy offers numerous benefits that go beyond the act of giving itself
Price Prediction Metrics
Price prediction modeling is a powerful feature to best determine future potential price support and resistance levels.
Wash Sale Detection
Wash sale detection is a vital component of tax planning for Advisors who want to effectively identify and anticipate wash sale violations, as well as understand alternative replacement options.
Unlock the power of NetZero™ for seamless sales tax strategies.
Our proprietary approach expertly balances gains and losses, maximizing tax efficiency for your shares sold. With NetZeroTM, you gain control to offset gains against losses, securing maximum tax advantages. Say goodbye to tax uncertainty and hello to smooth sailing with NetZeroTM. As T + 1 settlement shortens the time to make smart decisions, trust NetZeroTM for instant accurate cost basis and optimal tax planning.
Watch a quick video on how NetZero™ works!
Use Case Example: Tax Planning Strategies
Case Scenario: Meet Bob and Jennifer, both married and filing jointly, tasked with selling $100,000 from their investment portfolios. However, their differing tax planning approaches yield contrasting results.
Bob rushes to sell his equities without a plan, leading to a hefty tax bill of $22,000 due to high income and capital gains tax rates.
In contrast, Jennifer's advisor utilizes Netbasis tools to craft a meticulous pre-tax sale strategy. By strategically selling specific tax lots with Netbasis' proprietary NetZero tax method and leveraging features like wash sale detection and market correlation replacements, Jennifer minimizes her tax liability, owing only $8,000 the following year.
This disparity underscores the importance of robust tax planning. With access to advanced tools like Netbasis, advisors empower clients to optimize portfolios and reduce tax burdens, enhancing their financial well-being.
View the breakout table
of the use case example
Conclusion Notes
Bob did not use Netbasis and sold $100,000 in capital gains using the industry default FIFO method (First-In, First-Out), while keeping the rest of his portfolio invested.
Conversely, Jennifer and her advisor needed to take $100,000 in profits from her portfolio while minimizing her tax liability and keeping the rest of her portfolio invested. They used Netbasis to pre-determine how to offset half of her overall losses. Utilizing the Net Simulator feature, they identified alternative stocks with similar positive correlations (price movements) to those she sold at a loss. By partially selling the loss positions and replacing them with similar securities, Jennifer's tax liability was reduced by $11,349. This strategy allowed her to maintain her market presence while offsetting just half of her overall losses against her realized gains from the sale.
Advanced Security
512 Bit
AES ENCRYPTION
Years of Service
25 Years
THE POWER OF
RELIABILITY
Securities Covered
115K+
EQUITY & DIGITAL
ASSETS
Net Simulator will pay for itself.
We believe, when you use Net Simulator for the first time, the strategic investment tax insight on your client’s asset(s) could potentially pay for itself.
Case Scenario: A Financial Advisor named Cathy has a high-net-worth client that has a concentrated position in one security. Cathy wants to maximize her client’s after-tax return while managing risk. Cathy’s client is very concerned about the impact of taxes will have on a potential sale and wants to make an informed decision.
Cathy provides the individual tax lot information into Net Simulator. Net Simulator updates all historical cost basis information by individual tax lots to create a baseline. Cathy instantly creates future scenario modeling events that simulate an actual trade execution. Net Simulator provides all sales methodologies and provides both realized and unrealized gain/loss information needed to offset possibilities that potentially would reduce the tax liability. Cathy quickly determines the right option through different modeling scenarios and generates a report for the client.
Business Expense Deduction
For independent financial professionals, the Net Simulator may be used as a business expense deduction for the 2024 year-end.
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Take advantage of this Tax Season Special Offer of our professional license at a fraction of the cost.
This Tax Season Special Offer is 50% discount from our full cost per credit of $30 and is valid until April 15, 2024.
Get Started
Take advantage of this Tax Season Special Offer of our professional license at a fraction of the cost.
This Tax Season Special Offer is 50% discount from our full cost per credit of $30 and is valid until April 15, 2024.