FPPad headquarters has temporarily relocated to the mid-Atlantic area for the holidays. Our official consulting work for 2010 is complete, and we look forward to serving new and existing clients in 2011.
We are also happy to provide insight directly on this blog and to our subscribers. Yes, individual posts have been a bit more sporadic, but we continue to aggregate the best in technology-related articles from around the web each week in Bits and Bytes.
With new laws taking effect January 1, 2011, cost basis reporting requirements dominate this week’s update. Here are this week’s stories of interest:
Fidelity® Provides In-Depth Analysis Of Finalized IRS Cost-Basis Reporting Requirements at Fidelity.com
Fidelity Investments®, a leading provider of trading, custody and brokerage services to registered investment advisors and broker-dealers, today announced that it has introduced a new report designed to help its clients understand differences between the proposed cost-basis reporting requirements and those recently finalized by the Internal Revenue Service.
Charles Schwab Advisor Services Cost Basis Legislation Resources at Schwabadvisorcenter.com
The Emergency Economic Stabilization Act of 2008 included new tax reporting requirements that will dramatically change the way investors and financial advisors think about cost basis. The first phase of the legislation goes into effect on January 1, 2011, and may create significant workflow changes for your firm.
Social media shapes new investment strategy at USATODAY.com
You’ll let a friend walk your dog, drive your car or watch your teenager. Would you let them — or someone you don’t even know — invest your money?
