A tried-and-true tax-saving strategy for investors is to sell assets at a loss to offset gains that have been realized during the year. So if you’ve cashed in some big gains this year, consider looking for unrealized losses in your portfolio and selling those investments before year end to offset your gains. This can reduce your 2017 tax liability.
Tax-Saving Ideas for Your Investments
Oct 9, 2017 8:00:00 AM / by Cindy Lim, CPA posted in Tax, Investments, Tax Savings