NetWorth Services, Inc. Employee Directory
Financial ServicesArizona, United States11-50 Employees
NetWorth Services, Inc. is a small- to mid-sized financial services firm based in Phoenix, Arizona, specializing in cost basis data for securities. Its NetBasis offering provides adjusted cost basis information rapidly by leveraging a long-running securities database that tracks historical corporate actions such as stock splits, mergers, and dividend reinvestments. The service is aimed at investors, tax professionals, advisors, and institutions that need precise cost basis details for tax reporting and capital gains calculations, including scenarios involving inherited or gifted securities. The solution is positioned within the financial services sector as a tool for accurate cost basis calculation under evolving reporting rules, supporting forms like Schedule D and 1099 reporting. The underlying technology is noted for its reliability, having been used by the IRS in its 2005 Tax Gap Report to audit capital gains, illustrating its credibility in regulatory contexts.
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