People invest with the hope of earning a return over time. But what happens when you choose to sell? Cost basis is key to understanding your tax obligations and the true profit of your investments.

When you sell an investment, the IRS wants to know how much profit you made (or loss you took). The only way to calculate this is by comparing your selling price to what you originally paid—your cost ...

What is cost basis in crypto? In the context of cryptocurrencies, “cost basis” refers to the initial outlay paid for digital assets. It is an important consideration when calculating capital gains or ...