Is Stock Trading Software Tax Deductible As An Expense Trading Platform Described. Trading platforms are computer or software programs that traders use to process transactions for all types of instruments including currencies, commodities, stocks. In the course of managing your portfolio of stocks and other investments, you’ll probably incur expenses that are tax-deductible. The tax laws allow you to write off certain investment-related expenses
The following is a script of "Insiders" which aired on Nov. 13, 2011. Steve Kroft is correspondent, Ira Rosen and Gabrielle Schonder, producers.
Securities legislation in most jurisdictions has stringent rules in place to prevent insiders from taking advantage of their privileged position for pecuniary gain through insider trading.
Insider trading is the trading of a public company’s stock or other securities (such as bonds or stock options) by individuals with access to nonpublic information about the company.
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It pays to know what a company’s owners are up to. By watching the trading activity of corporate insiders and large institutional investors, it is easier to get a sense of a stock’s prospects.
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