Why is There Missing Cost Basis on my 1099-B?

Why is There Missing Cost Basis on my 1099-B?

As many of you are aware, new cost basis reporting rules were phased in over the past few years.  In an attempt to find missing tax revenue, new rules require brokerage firms to include cost basis information on 1099-B’s on certain securities. These rules drastically...
Two Years, One Market

Two Years, One Market

2019 turned out to be one of those gangbuster years for the stock market that investors only see a couple of times in a decade. Or so it seemed. In reality, the rally was a continuation of the 2018 market expansion. Large cap stocks had the best performance with the...
Navigating the Medicare Maze

Navigating the Medicare Maze

When it comes to retirement planning, almost everyone knows that turning 65 is an important milestone. At 50, you are awarded the opportunity to join AARP and for the next decade, various senior discounts kick in. But for many, the milestone with the greatest...
Reading the Fed’s True Intentions

Reading the Fed’s True Intentions

For those of us that pay close attention to the central bank’s policies and the expert’s interpretation of those policies, you’d think that a global recession is certain and just around the corner. Most notably, there’s been a lot of focus on the relationship between...
Mixed Messages

Mixed Messages

In normal times, which we haven’t seen in over a decade, the markets would look at unemployment solidly under 4%, GDP above 3% and inflation around 2% and think the Federal Reserve is surely leaning towards a neutral or maybe even tighter monetary policy. After all,...