DALLAS, TX--(Marketwire - Oct 9, 2012) - APlusCPE® is pleased to announce the immediate availability of a new online CPE course titled, "Understanding the New Cost Basis Reporting Rules." This course presents the details of the new cost basis reporting rules and describes their current and future practical implications for taxpayers, tax preparers and financial planners.
Beginning on January 1st, 2011 legislation came into effect establishing a new requirement for brokers to track and report cost basis on securities transactions to the IRS, to better ensure that taxpayers properly report their gains and losses on investments and pay taxes as appropriate. In the intermediate term, the introduction of cost basis reporting brings new complexities and challenges; however, over the long run, the new rules will make it easier for taxpayers to track the cost basis for most of their investments, in turn simplifying reporting and preparing returns during tax season.
"Understanding the New Cost Basis Reporting Rules" is approved by the IRS for 2-hours of CPE for Enrolled Agents and RTRPs and meets CE requirements for California and Oregon Tax Preparers. To order APlusCPE's online course, "Understanding the New Cost Basis Reporting Rules," for just $9.95 go to www.APlusCPE.com or call our toll-free customer support at 877-488-9315. Course price includes online course, online exam, an online printable certificate of completion and next day IRS course completion reporting.
About APlusCPE®: APlusCPE, a service of WebCE®, delivers online continuing education and test prep courses to Registered Tax Preparers, Enrolled Agents, and other tax professionals. APlusCPE's courses are approved by the IRS to meet the IRS continuing education requirements. Our ever-expanding catalog of EA continuing education courses, including ethics, range from 2-10 credit hours and start at just $4.95. APlusCPE also offers a tax preparer exam prep course and exam simulator product to help tax preparers pass the IRS Competency Test, and a comprehensive catalog of Tax Preparer CE.