Thanks to a new law, the IRS is getting help from brokers to catch tax cheats. But the result could leave you paying more taxes than you need to on your investments. Here's what you need to know about the best cost basis method, and how it can help you avoid a bigger IRS bill.
After months of planning, AIG announced Thursday that it had entered into an agreement with the Treasury Department and the Federal Reserve Bank of New York about how it will repay in full its obligations to the U.S. government and regain its independence.
After a decade of stellar growth, Google cofounders Larry Page and Sergey Brin will sell five million of the search engine's shares over the next five years, which could net them $5.5 billion at the current share price.