Special Report: The 1099-B Problem
Why IRS Regulations Have Failed to Meet Cost Basis Reporting Needs
Active traders and investors need accurate cost basis reporting for tax purposes. Does the 1099-B fulfill that need? Has the IRS achieved the goals of the 2008 Cost Basis Legislation? Those questions and more are explored in this 25-page special report published by the makers of TradeLog Software entitled The 1099-B Problem
The 1099-B Problem exposes serious problems created by the current 1099-B regulations. The report examines IRS instructions and publications along with actual 1099-B reporting to highlight the challenges faced by active traders. The special report also includes key recommendations for fixing the 1099-B problem and providing the accurate cost basis reporting needed.
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