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.

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 ...

Many wealthy individuals own one or more highly appreciated investments. How these highly appreciated investments are liquidated could save these investors thousands of dollars in taxes over a ...

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 ...

The cost basis of an investment or asset is the amount of the initial investment, or the original purchase price. It's an important number in tax planning for individual investors, business owners, ...

Under current law, assets acquired from a decedent receive an adjustment in cost basis to fair market value, thereby potentially eliminating significant unrealized gain. Although Congress has and ...