by Krisan Marotta | Jul 28, 2014 | Cost Basis
The “final” Internal Revenue Service (IRS) regulations on cost basis reporting for fixed income securities and options securities are phasing in between now and 2016. Here’s the bottom line: It’s going to be MORE difficult to keep cost basis...
by Krisan Marotta | Jun 27, 2014 | Cost Basis
Since the increased federal regulation of 2008, PortfolioCenter users spend more time tracking and reconciling cost basis. If you are new to PortfolioCenter and confused about the terms, here’s a refresher course. The Internal Revenue Service not only requires...
by Krisan Marotta | Jun 3, 2014 | Cost Basis
Q.This week my client corrected the cost basis information for some mutual fund shares which were sold in her accounts during the last tax year. Will PortfolioCenter automatically receive the updated cost basis information (for shares which have already been sold)...
by Krisan Marotta | Apr 4, 2014 | Performance
On April 3 2014, your Google shares became Class A shares and you received a stock dividend of new class C shares. Great news for investors, crazy news for PortfolioCenter users. The problem for PortfolioCenter is the new shares are trading under the historic symbol...
by Krisan Marotta | Feb 25, 2014 | Reporting
Q. Why is the gain/loss on my PortfolioCenter performance reports different than the gain/loss on the PortfolioCenter tax reports? A. Comparing the gain/loss on performance reports to the gain/loss on realized gain/loss reports is comparing apples and oranges. The...
