Brokerage Operations Representative I II III IV - Cost Basis (Los Angeles, CA)

Brokerage Operations Representative I II III IV - Cost Basis

The Cost Basis Tax Reporting Operations Representative will conduct cost updates cost basis research and provide explanation of cost basis calculations for our client base. The associate will ensure tax reporting quality and provide subject matter expertise primarily in cost basis and to a lesser extent tax reporting and withholding. The individual selected for this role should be versed on IRS regulatory changes affecting cost basis and be familiar with associated tax form reporting. Also the associated should be able to organize and comprehend client cost details for purposes of providing realized gain loss details on the 1099 statements. Primary Responsibilities Validate and review client position holdings and update cost basis lots utilizing spreadsheet or manual calculations Understand and identify resources to articulate clearly both verbally and in writing to clients the following cost basis calculations. Wash Sales Option Assignments and Exercises Alternate disposal method strategies ...