This tax season has more potential than ever for confusion and expensive mistakes related to major changes (again) in IRS forms and requirements. Form 1099-B is expanded, Form 8949 and Schedule D are revised. Investment advisors, CPAs and EAs must be vigilant about changes in cost-basis reporting starting with stock sales made in 2014. If you don't have any clients with stock compensation, learn the rules and at least you then have a chance to find them. Advising individuals with stock compensation/restricted stock is a worthwhile niche area for advisors to explore. • The expanded and redesigned 1099-B • How 1099-B can help or confuse reporting of stock sales on Form 8949 and revised Schedule D • Most costly/common mistakes with stock compensation reporting on 2014 returns • Red flags that could trigger an IRS audit • Recently adopted/proposed rules on stock compensation • Independent resources for financial/tax advisors