NetWorth Services, Inc. is a financial information services and software consulting company setting the industry standard for all cost basis calculations. Created in response to the need for an accurate, efficient cost basis solution, NetWorth Services, Inc. developed and patented Netbasis®. This application solves the challenges of calculating historical security changes due to stock splits, mergers, dividend reinvestments and every other possible cost basis adjustment.
On October 4, 2002, the National Research Project (NRP) received the Commissioners Award for the successful design and implementation of a random audit of 50,000 taxpayers. Netbasis® became a critical component of this study, which allowed the NRP to effectively access historical cost basis information. The financial securities data available through Netbasis® is used by institutions around the world including the United States Federal Reserve System, universities and endowments.
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Other NetWorth Services Products
Networth Services offers several sister products to Netbasis and 8949 Verifier. They include: