PPP Round 2 Now Available

The Paycheck Protection Program provides small business loans with up to 100% forgiveness to help businesses impacted by COVID-19.
Funds are limited and will be disbursed on a first come, first served basis.

Apply Now

Investments & Financial Planning

The most frequently asked tax questions related to Investments & Financial Planning
Can't find the answer to your question? Ask a tax question.

View All Tax Questions

Investments & Financial Planning

Does Africa have a stock exchange ?

Asked Thursday, December 29, 2011 by an anonymous user
African Stock Exchanges: Botswana Botswana Stock Exchange (BSE) Egypt Egyptian Exchange (EGX) Ghana Ghana Stock Exchange (GSE) Kenya Nairobi Stock Exchange (NSE) Malawi Malawi Stock Exchange (MSE) Mauritius Stock Exchange of Mauritius (SEM) Morocco Casablanca Stock Exchange (Bourse de Casablanca) Namibia Namibian Stock Exchange (NSX) Nigeria Nigerian Stock Exchange South Africa Johannesburg Stock Exchange (JSE) STRATE (Central Securities Depository (CSD) for the electronic settlement of all financial instruments in South Africa) Sudan Khartoum Stock Exchange (KSE) Swaziland Swaziland Stock Exchange (SSX) Tanzania Dar-Es-Salaam Stock Exchange (DSE) Tunisia Bourse de Tunis (Tunis Stock Exchange) Uganda Uganda Securities Exchange (USE) West Africa Bourse Regionale des Valeurs Mobilieres (Regional Stock Exchange for West Africa) Zambia Lusaka Stock Exchange (LuSE)
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory

Investments & Financial Planning

Does India have a stock exchange ?

Asked Thursday, December 29, 2011 by an anonymous user
India Stock Exchanges: Bombay Commodity Exchange (estwhile the Bombay Oilseeds and Oils Exchange) Bombay Stock Exchange (BSE) Calcutta Stock Exchange (CSE) Cochin Stock Exchange Inter-Connected Stock Exchange of India (ISE) Multi Commodity Exchange of India (MCX) National Commodity & Derivatives Exchange (NCDEX) National Stock Exchange of India (NCE) OTC Exchange of India (Exchange for Technology and Growth Stocks) Pune Stock Exchange (PSE)
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory

Investments & Financial Planning

Does India have a stock exchange ?

Asked Thursday, December 29, 2011 by an anonymous user
India Stock Exchanges: Bombay Commodity Exchange (estwhile the Bombay Oilseeds and Oils Exchange) Bombay Stock Exchange (BSE) Calcutta Stock Exchange (CSE) Cochin Stock Exchange Inter-Connected Stock Exchange of India (ISE) Multi Commodity Exchange of India (MCX) National Commodity & Derivatives Exchange (NCDEX) National Stock Exchange of India (NCE) OTC Exchange of India (Exchange for Technology and Growth Stocks) Pune Stock Exchange (PSE)
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory

Investments & Financial Planning

Does Asia have a stock exchange ?

Asked Thursday, December 29, 2011 by an anonymous user
Asian Stock Exchanges: Azerbaijan Baku Interbank Currency Exchange Baku Stock Exchange (BSE) Bangladesh Chittagong Stock Exchange (CSE) Dhaka Stock Exchange (DSE) China China Financial Futures Exchange (CFFEX) Dalian Commodity Exchange (DCE) Shanghai Futures Exchange (SHFE) Shanghai Steel Electronic Exchange Shanghai Stock Exchange (SSE) Shenzhen Stock Exchange Zhengzhou Commodity Exchange (ZSE) Hong Kong Chinese Gold & Silver Exchange Society (CGSE) Growth Enterprise Market Hong Kong Exchanges (HKEx) (holding company of Stock Exchange of Hong Kong, Hong Kong Futures Exchange and Hong Kong Securities Clearing Company) Indonesia Indonesia Stock Exchange (IDX) Jakarta Futures Exchange (JFX) Japan Central Japan Commodity Exchange (C-COM) (incorporates Osaka Mercantile Exchange) Kansai Commodities Exchange (KEX) (incorporates Fukuoka Futures Exchange) Fukuoka Stock Exchange Jasdaq Securities Exchange Nagoya Stock Exchange Osaka Securities Exchange (OSE) Sapporo Securities Exchange Tokyo Commodity Exchange (TOCOM) Tokyo Financial Exchange (TFX) (formerly Tokyo Financial Futures Exchange) Tokyo Grain Exchange (TGE) Tokyo Stock Exchange (TSE) Kazakhstan Kazakhstan Stock Exchange (KASE) Kyrgyzstan Kyrgyz Stock Exchange Malaysia Bursa Malaysia (formerly Kuala Lumpur Stock Exchange) Labuan International Financial Exchange (LFX) (offshore financial exchange) Maldives Maldives Stock Exchange Mongolia Mongolian Stock Exchange Nepal Nepal Stock Exchange (NEPSE) Pakistan Islamabad Stock Exchange (ISE) Karachi Stock Exchange (KSE) Lahore Stock Exchange (LSE) Singapore Singapore Commodity Exchange (SICOM) SGX - Singapore Exchange (Stock Exchange of Singapore and the Singapore International Monetary Exchange) South Korea Korea Exchange (KRX) (consolidates Korea Stock Exchange, KOSDAQ Market and the Korea Futures Exchange) Sri Lanka Colombo Stock Exchange (CSE) Taiwan GreTai Securities Market Taiwan Stock Exchange (TSEC) Taiwan Futures Exchange (TAIFEX) Thailand Agricultural Futures Exchange of Thailand (AFET) Stock Exchange of Thailand (SET) Uzbekistan Tashkent Republican Stock Exchange Uzbek Commodity Exchange
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory

Investments & Financial Planning

Does the Middle East have a stock exchange ?

Asked Thursday, December 29, 2011 by an anonymous user
Middle East Stock Exchanges: Bahrain Bahrain Stock Exchange Iran Tehran Stock Exchange Iraq Iraq Stock Exchange Israel Tel Aviv Stock Exchange Jordan Amman Stock Exchange Kuwait Kuwait Stock Exchange Lebanon Beirut Stock Exchange Oman Muscat Securities Market Palestine National Authority Palestine Securities Exchange Qatar Doha Securities Market Saudi Arabia Saudi Stock Exchange (Tadawul) United Arab Emirates Abu Dhabi Securities Exchange Dubai Financial Market Dubai Mercantile Exchange
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory

Investments & Financial Planning

What is Bond OID accretion ?

Asked Friday, January 26, 2001 by an anonymous user
The difference between the discounted purchase price and the value at maturity is the return or yield on the bond and is called accretion. A bond's accretion must be calculated annually and this amount must be reported to the IRS as income on Form 1099. OID bonds are generally issued at a low or zero coupon and are issued at a deep discount relative to the bond's par value.
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory

Investments & Financial Planning

Why are my gross proceeds so high on my brokers statement , I did not make that much of a profit this year .

Asked Friday, January 26, 2001 by an anonymous user
Gross proceeds and your profit are two different numbers. Gross proceeds are the total amount associated with the sale of securities that are reported to the IRS and must be listed on your tax return. The (profit) gain or loss is determined by calculating the difference between the original cost (plus previously taxed dividends from mutual funds) from the sales price.
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory

Investments & Financial Planning

Stock short sales - reported to the IRS ?

Asked Friday, January 26, 2001 by an anonymous user
A short sale is a sale of stock that you do not own but borrow for purposes of the sale from a broker.
Brokerage firms are required by the IRS to report all stock and bond security sales, including short sales.
A short sale is considered a sale according to the IRS regulations and must be reported to you and then indicated on form 1099-B.
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory

Investments & Financial Planning

What is a " Put " option ?

Asked Tuesday, January 16, 2001 by an anonymous user
Put A "Put" is an option granting the right to "Sell" the underlying futures contract. This is opposite of a call. A "Call" is an option that gives the holder the right to "Buy" the underlying futures contract.
Tax Question Answered By CPAdirectory
Answer Provided by: CPAdirectory