Explore the meaning of "basis" in finance, focusing on its tax implications and role in investment transaction. Learn how it ...

Learn what basis value is, how to calculate it, and see examples to understand its role in reducing tax burdens on fixed ...

I am a CPA specializing in helping busy business owners decrease the amount of time and energy they need to manage their accounting system. It’s tax preparation season, and like most business owners, ...

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...

The concept of basis is simple, but calculating basis for S corporation stock takes much of many CPA tax practitioners’ time and energy. Why is this the case? Basis measures the amount that the ...

When individuals contribute assets to form a partnership, they must calculate each partner's basis in the partnership using two separate methods. Outside basis, or book basis, tracks each partner's ...

What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only ...

Cost basis affects capital gains taxes on investments. Cost basis varies by investment type and whether you purchased the asset or received it as a gift or inheritance. Optimizing cost basis can ...

If you’ve been following the news about inflation over the past two years, chances are you’ve heard the term “basis points.” It’s a term that’s typically used in the financial industry, so it remains ...

Intel-owned Basis issued a recall for all Basis Peak watches this week, citing a tendency to overheat, which "could result in burns or blisters on the skin surface." So, you know, it's time to take ...