Ron Marino remembers what it used to be like when a new broker joined UBS and had to transfer clients' cost-basis information manually. “Because this was a time-consuming process, with each broker ...

People invest with the hope of earning a return over time. But what happens when you choose to sell? Cost basis is key to understanding your tax obligations and the true profit of your investments.

CLSK's core investment thesis is centered around being the only miner that is gaining meaningful network share and at a sustainable cost basis. While CLSK's cost basis has normalized from CY2023Q3 ...

The IRS can broaden the audit, and, in the wrong fact pattern, frame the issue as deliberate concealment rather than poor ...

As we wrap up tax season, I’m reminded of a mistake I’ve seen multiple people fall victim to: incorrect reporting of cost basis. Cost basis is the adjusted value of the security when you originally ...

The new federal rules governing cost basis reporting are a little elaborate, but the big picture is easy to grasp. Ever drive through a red light at a traffic intersection where one of those automatic ...

What Is the Average Cost Basis Method? The average cost basis method is a system of calculating the value of mutual fund positions held in a taxable account to determine profit or loss for tax ...

Bitcoin now has added support at the $100,000 mark as a mass profit-taking takes over speculators, whales and "diamond hands" alike. Bitcoin’s speculative investor base now has an aggregate buy-in ...