Cost basis is an important element of every investment you own, as it helps determine whether you'll have a taxable gain or loss when you sell. But many investors get confused about how dividends -- ...
The IRS has issued proposed regulations that propose a comprehensive approach for stock basis recovery. The regulations, if adopted as final, would apply across a broad spectrum of transactions. They ...
If you sell stock, you need to know its cost basis in order to calculate your profits and losses. The cost basis is the amount you pay for the stock, including commissions. Each time you buy shares, ...
The biggest hurdle that investors face is paying tax on the gains on their long-term investments. Yet the tax laws actually give heirs a huge tax break when they inherit shares of stock or other ...
Two brothers’ additional capital contributions to S corporations of which they were shareholders could not offset their ordinary income from payments for loans they made to the corporations, the Tax ...