Tax & Accounting Blog

Cost Basis Reporting Developments

Cost Basis Reporting Developments

Over the last few weeks, the IRS issued guidance regarding cost basis reporting requirements that go into effect during 2011 and 2012.  Below is a brief summary of the recent guidance and links to access the details. FAQs – In late April, the IRS issued a series of Frequently Asked Questions (FAQs) explaining rules for cost basis reporting … Read More