Make Those Losses Count!
Welcome back to our Tax-Smart Financial Planning series! This week we are delving into a powerful strategy for optimizing your investment returns: Tax-Loss Harvesting.
Tax-loss harvesting is a technique that involves strategically selling investments that have experienced losses to offset capital gains and thereby reduce your tax liability. Here’s what you need to know:
Tax-loss harvesting is a powerful tool in your financial toolkit. Put it to work!
Stay tuned for next week’s installment covering tax bracket management, where we will explore the importance of this obscure but potentially highly effective strategy for chipping away at your taxes.
Minimize Taxes, Optimize Returns
Let's work together to optimize your investment returns using powerful strategies like tax-loss harvesting and other tax-saving methods. If you have $1 million or more of investible assets and are in or close to retirement, discuss your tax plan with me in a complimentary strategy call.