Category Archives: News Articles

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Accounting Today Cost Basis Article

Cost Basis Reporting Means More Revenue for Tax Pros 3/7/2012 “A new report from the research firm Celent finds that the new cost basis reporting requirements present an opportunity for tax preparers to offer specialized services and regain some of … Continue reading →

Accounting Today 8949 Article

Networth Services Launches 8949 Verifier Tool 3/14/2012 “Users can upload a client’s 1099-B form to the 8949 Verifier, where any additional information or adjustments can be made.  When the information is complete, the reported cost basis information is automatically populated … Continue reading →

USA Today Money

Figuring cost basis is crucial to not overpaying taxes Date: 3/15/212 Author: Matt Krantz “Netbasis, available at netbasis.com, is a Web-based tool that helps investors find the cost basis on investments. This tool also requires you to have some information about … Continue reading →

CNBC News

New Rule Puts a Wrinkle in Figuring Taxes on Stock Sales Date: 2/13/2012 Author: Matt Krantz “For instance, TD Ameritrade, a large broker, is opting to report the cost basis on many ETFs, but not all, says the company’s Becky … Continue reading →

Free From Broke Blog

Cost Basis Reporting- How it Affects Your Taxes Date: 2/1/2012 Author: Miranda Marquit “…both allow you to put information about how many shares you bought, and when you bought them, these services can help you figure out the cost basis. … Continue reading →

Forbes Taxes

Cost Basis FAQ Date: 1/24/2012 Autor: William Baldwin “If you can narrow the start date to a range, you could give the tax collector the benefit of the doubt and use the low price for the period. A somewhat more … Continue reading →

CNBC Mobile

Avoid New Tax Paperwork For Your Investments At Your Own Peril Date: 11/29/2011 Author: Amy Feldman “For a more detailed analysis of your tax situation, software programs like NetBasis (http://www.netbasis.com) can help. ” Full Article

Satellite Spotlight Blog

NetWorth Services and Exchange Data International Launch Netbasis-Canada Date: 10/10/2011 Author: Close Up Media “Netbasis -Canada (canada.netbasis.com) is an Internet-based system that can retrieve historical pricing and corporate action information and calculate the adjusted cost basis. Providing supporting documentation, a … Continue reading →

Canadian Treasurer Blog

NetWorth Services and EDI Announce Debut of Netbasis-Canada Date: 10/2/2011 Authour: Unkown “With as little information as the year of purchase, Netbasis-Canada quickly and easily filters through its massive database of financial information and within seconds, reaches back into time … Continue reading →

Yahoo! Voices

How Can You Find the Cost of Stock Purchased a Long Time Ago? Date: 8/26/2011 Author: Unknown “As reported by Christopher O’Leary in Registered Rep, your financial advisor, broker, or bank may have access to a Web-based information service called AccuBasis developed by … Continue reading →

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