Ongo… Via USA Today

Cost-Basis Rules Change How You Figure Taxes On Stocks You Sell

Date: 2/17/2011

Author: Matt Krantz

“The new cost basis rules may put more responsibility into the hands of bro­kers, but investors who under­stand the rule can take best advantage of it. “There are pos­itives and neg­atives to the rule,” says Nico Willis, CEO of NetWorth Ser­vices. “But it’s unprecedented in how it will give investors power to man­age their invest­ments.” ”

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