If you are a securities trader, you can make a “mark-to-market” election under section 475(f) of the tax code. Under this election, a trader reports all gains and losses from securities held in connection with a trading business as ordinary income (or loss), including securities held at the end of the year.
Posts Tagged ‘Business Day’
Taxes : Mark-To-Market Election
April 15th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Brokerage Account, Business Day, Commissions, Day Of The Year, Due Date, Earnings, Form 4797, Investment Interest Expense, Investment Securities, Investors, Last Business, Losses, Schedule C, Schedule Se, Securities Trader, Self Employment Tax, Tax Return, Taxes, Trading Securities 
Comments OffCalifornia Broker Barred from Securities Industry for Insider Trading
November 7th, 2009 Before You Invest A former employee of Piper Jaffray & Co., Abhishek Uppal, has been barred from the securities industry for engaging in insider trading. The Financial Industry Regulatory Authority (FINRA) made this choice following actions taken by Uppal in June of this year.Uppal, a resident of the San Francisco area, bought shares of SoftBrands days before the company announced it was being bought by Golden Gate Capital and Infor Global Solutions.
Posted in Finance Fraud Tags: Abhishek, Acquisition, Broker Dealer, Business Day, California Broker, Financial Industry Regulatory Authority, Golden Gate, Golden Gate Capital, Illegal Activities, Infor Global Solutions, Insider Trading, Mask, Piper Jaffray Co, Possession, San Francisco Area, Securities Industry, Softbrands, Stock Price, Uppal No Comments »
