Accounting for the tax consequences of domestic and foreign corporate actions to the basis of covered securities is now essential to meet the 1099-B and transfer reporting requirements of the cost basis reporting law. Failure to do so accurately can result significant tax penalties.
FCATS™ & DCATS™ automate delivery of the essential corporate actions tax details you need to adjust the basis of your covered securities to meet the requirements of this law. These solutions combine the deep corporate actions expertise of our dedicated Capital Changes team with the efficiency of our proven GainsKeeper® technology.
Learn more about the cost basis reporting law.