Form 1099-B and the New Adjusted Tax Basis and Sales Proceeds Reporting Rules for Brokers
This item focuses on the general taxation of debt instruments and provides an overview of the new reporting requirements and the implications they raise.
Published on March 01, 2014
Cost-Basis Reporting, the New Schedule D, and Form 8949
The 2011 tax filing season ushered in the first phase of new basis reporting rules requiring a three-phase process for submitting cost-basis information to the IRS.
Published on April 01, 2012
Broker Basis Reporting of Debt Instruments and Options Actions Holders or Issuers Must (or May Want to) Take
Buried in the regulations are optional or necessary actions to be taken in certain circumstances by holders of debt instruments, issuers of debt instruments subsequently registered with the SEC, and securities issuers that undertake organizational actions affecting the basis of specified securities.
Published on September 01, 2013
Final Regs. on Stock Basis Reporting Requirements
The IRS issued final regulations regarding a new requirement for reporting basis and other information by stockbrokers and mutual fund companies for most stock purchased in 2011 and all stock purchased in 2012 and later years.
Published on December 01, 2010
The Tax Adviser March 2014
Articles Individual Taxation: Digest of Recent Developments: Part I David R. Baldwin, Lawrence H. Carlton, Karl L. Fava, Donna Haim, Jonathan Horn
Published on February 28, 2014
Proposed Regs. on Basis Reporting by Brokers
The IRS issued proposed regulations relating to how securities brokers report sales to the IRS and how stock basis is determined.
Published on February 01, 2010
Information Reporting Requirements Affect Corporations and Transferors of Securities
This item discusses new information reporting requirements that affect brokers, professional transfer agents, trustees, and also corporations undertaking actions in their own stock and acting as transfer agents for their own securities.
Published on September 01, 2011
Tax Simplification Key to Fighting Tax Return Identity Theft
Identity theft and tax simplification are high priorities for members of Congress, the IRS, and all taxpayers. Though most people think the issues are unrelated, one potential way to decrease identity theft and preparer fraud is tax simplification.
Published on July 01, 2014
Developments in Individual Taxation
This article covers recent developments in individual taxation. The items are arranged in Code section order.
Published on March 01, 2013
A Practical Guide to the Tax Issues of Investing in Master Limited Partnerships
The tax reporting related to publicly traded partnerships has become an increasingly significant issue facing the tax practitioner community.
Published on August 01, 2008