Selling mutual funds? Choose the right cost basis method to manage taxes efficiently and maximize your gains. Explore ...

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. The average cost ...

Cost basis is the purchase cost of a particular security, including commission charges. Importantly, a cost basis can be established over a series of purchases of the same security, not just one trade ...

The tax calculations required for cryptocurrency investments heighten your return’s complexity, and often lead taxpayers to make mistakes during the filing process. For crypto users who use multiple ...

The United States Internal Revenue Service (IRS) has issued a temporary relief for a rule that would have defaulted crypto holders on centralized exchanges to a less-than-ideal accounting method. The ...

Since the beginning of the year, brokerage firms have been required to report investor gains and losses for new holdings directly to the IRS. That’s good news for individual investors—at least the ...

Only seven months remain until new rules from the Internal Revenue Service on cost-basis reporting take effect. Are mutual fund companies ready? A new research report just issued by Celent claimed ...