Tax Preparation

What is Tax Loss Harvesting?

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Tax Loss Harvesting is a strategy that aims to sell assets or securities with an unrealized loss in order to offset current or future capital gains tax.

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What are the advantages of Tax Loss Harvesting?

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Tax Loss Harvesting is utilized to reduce short and long term capital gains tax. This strategy is especially impactful for short-term gains, as short-term capital gains are taxed at the higher, ordinary tax rates. Marketable securities (stocks, mutual funds) are not the only assets that qualify for Tax Loss Harvesting, as real estate does as well.

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Who qualifies & why should you adopt?

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Any investor could explore executing this strategy to offset current and future capital gains.

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This is not an offer to buy or sell any securities or perform a specific strategy. Please consult your financial advisor before exploring these opportunities.