Friday, February 3, 2012

IMPORTANT INFORMATION FOR TAX SEASON 2011

Delayed Tax Reporting Due to Cost Basis Reporting Changes: As you prepare for the 2011 tax season, please consider this important information. Due to the Economic Stabilization Act of 2008 and the IRS mandated reporting of cost basis, this tax season will not be like previous ones. By being aware of these changes, you will know how best to plan and set expectations.