What is tax loss harvesting and how can it help you save taxes?
Fri, Mar 29, 2024 12:15 PM

What is tax loss harvesting and how can it help you save taxes?

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As the tax-saving season nears its end, many taxpayers turn to tax-harvesting strategies to reduce their tax burden. For those unfamiliar, this approach involves selling investments that are currently at a loss (purchased at a higher price than their current value) to offset the capital gains taxes owed on profitable investments.

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