What You Need to Know About IRS Changes to Bond Elections

Got Bonds? What You Need to Know About IRS Changes to Bond Elections To learn key details about recent IRS bond election changes, join us for a special tax and cost basis reporting webcast on Wednesday, May 6, from 4:00—5:00 p.m. (ET). Register now. The IRS recently released new guidelines on cost basis reporting for debt instruments (bonds). Effective March 12, 2015, the Treat all Interest as Original Issue Discount (OID) was eliminated as an accounting method election by the IRS. As a result, your clients who hold bonds, and previously elected OID, must update their account elections.

To help you prepare your clients, this webcast will highlight the following:

> Important bond election and accrual method information
> Early planning for 2015 tax season
> What worked well in 2014 and challenges

Pershing’s cost basis expert Kevin McCosker, will guide the discussion, joined by:

> Sam Adams, Vice President, Pershing, a BNY Mellon company
> Fred Barth, Vice President, Pershing, a BNY Mellon company
> Mindy Zamparelli, Director, Pershing, a BNY Mellon company

Please feel free to share this invitation with colleagues who may benefit from this webcast. Prior to the webcast, please e-mail [email protected] to provide specific cost basis and tax questions you would like answered. We look forward to your participation. Pershing LLC does not provide tax, legal, financial or accounting advise. Please consult your own advisor(s).


Wednesday, May 6, 2015 4:00—5:00 p.m. (ET)

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If you have any questions, please contact Ellen Regan at (201) 413-2453.