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.

Cost basis affects capital gains taxes on investments. Cost basis varies by investment type and whether you purchased the asset or received it as a gift or inheritance. Optimizing cost basis can ...

Fortunately, calculating your cost basis is much simpler than this. Photo: Bryan Alexander, Flickr If you want to calculate how much you've gained or lost on an investment, you'll need to know your ...

Canadians must use what is referred to as “average cost” when calculating the adjusted cost base of an investment. That’s ...

The tax calculations required for cryptocurrency investments heighten your return’s complexity, and often lead taxpayers to make mistakes during the filing process. For crypto users who use multiple ...

Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards. In the context of ...