The Wall Street Journal Tax Smarts

New Tax Reporting Rules

Date: 1/4/2011

Author: Carolyn T. Geer

“So keep good records. Under the new rules, brokers are subject to penalties for reporting bad information but so, as always, are you. For a modest fee, services such as GainsKeeper ( and NetBasis ( can help you re-create the historical cost basis of positions in your portfolio.”

Full Article