Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Add Yahoo as a preferred source to see more of our stories on Google. Years and years ago, a beloved grandmother gave you a stock certificate for shares she'd cherished for decades, and now you're ...

Charity begins at home. Stretch that aphorism to mean that charity can include the donation of your building to a qualified 501(c) nonprofit organization. Such donations benefit both the donor and the ...

If you want to calculate how much you've gained or lost on an investment, you'll need to know your cost basis. It's important for your tax records, too. Let's run through a very simple example.

What Is the Step-Up in Basis? The step-up in basis is a tax provision that helps beneficiaries lock in the cost basis of assets at the time they inherit them from a benefactor. Many assets such as ...

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 ...

For stocks or bonds, the cost basis is generally the price you paid to purchase the securities, including purchases made by reinvestment of dividends or capital gains distributions, plus other costs ...

Adjusted cost basis is a figure used in the calculation of the gain or loss a person made by buying and then selling an asset. It is based on the actual price paid for an asset, but includes a range ...

Selling an investment typically has tax consequences. To figure out whether you need to report a gain-or can claim a loss-after you sell, you need to know the cost basis for that investment. For ...