
Sell Losing Stocks to Pay Less in Taxes
As the year draws to a close, many people examine their financial situation. At times, the goal is to take last-minute actions that can lower your tax liability. If you have some losing investments, selling those stocks could help you reduce what you owe. With the tax-loss harvesting strategy, you can reduce what you pay in capital gains taxes. Here’s a look at how it works.
How Tax-Loss Harvesting Gives You a Tax Break
With tax-loss harvesting, you sell losing stocks to reduce the tax impact Read more [...]