What is Basis in Finance? Definitions and Practical Examples

Explore the meaning of "basis" in finance, focusing on its tax implications and role in investment transaction. Learn how it ...

Understanding Basis Value: Definition, Calculation, and Examples

Learn what basis value is, how to calculate it, and see examples to understand its role in reducing tax burdens on fixed ...

Basis Partners with Mediaocean to Automate the Entire Media Lifecycle across Planning, Activation, Ordering, Trafficking, Execution, Quality, Measurement and Finance

Basis and Mediaocean today announced an integration partnership to automate the entire media campaign process from start to finish. The industry's leading advertising automation platform, Basis ( will ...
Forbes

What Is Basis And When Is It Relevant?

I am a CPA specializing in helping busy business owners decrease the amount of time and energy they need to manage their accounting system. It’s tax preparation season, and like most business owners, ...
NerdWallet

Cost Basis: How It Works, How to Calculate and Examples

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...
Investment U

Stock Cost Basis Calculator

Cost basis is the original value of an investment. This helps you determine your gains or losses. It’s useful for determining whether your investments are profitable. This is important for taxes as ...
The Motley Fool

What Does Step-Up Basis Mean?

Inheriting an asset grants a step-up in basis, setting cost basis to FMV at death, reducing capital gains tax. Controversy surrounds step-up in basis, as it significantly lowers taxes on inherited ...
CoinTelegraph

How to determine crypto cost basis for accurate tax filings

Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards. In the context of ...
JournalofAccountancy

Basis-shifting transaction reporting addressed in final regs.

The IRS issued final regulations (T.D. 10028) Friday that identify certain partnership related-party basis-shifting transactions and substantially similar transactions as transactions of interest ...
NerdWallet

Cash vs. Accrual Accounting: Differences Explained

Accrual basis accounting is typically the preferred method, but cash basis accounting may work for very small businesses. Many, or all, of the products featured on this page are from our advertising ...
AG Week

Basis changes important for grain marketing decisions

On any given day, farm operators and others can get grain price quotes from the CME Group, also known as the Chicago Board of Trade, in real-time on their computer or phone. Almost as quickly, they ...