Back To Basis
- Topics:
- Commercial Lending
- Tags:
- Basis,
- Finance,
- Financial Accounting,
- Financial Planning,
- FinancialCounsel.com,
- Free Trade,
- Taxes
- Source:
- FinancialCounsel.com
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Overview: Article explains the clients’ mindset. Since the term "basis" may not be on the tip of the client's tongue, one may find himself counseling clients regularly about the planning opportunities available to investors who are interested in the concept of basis and willing to use it to their advantage. In addition, basis always seems to be a popular topic when clients need to determine their capital gains or losses for the past tax year. Therefore, as the end of the year approaches, it is a good time to review some basics about basis with the clients, as well as to discuss a new rule that all investors should be aware of. There are three core basis concepts the clients need to know to invest wisely: 1) why they need to know about basis, 2) what basis is, and 3) how basis works. Finally, how basis and the new "longer long-term" capital gains rate, can be used to their advantage.
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Format: HTML | Date: Nov 2000 | Pages: 1
