Learn about tax-loss harvesting, a strategy for minimizing taxes on investments by using losses to offset gains. In this article, Tim Agnew, Smith + Howard Tax Partner and Managing Director of Smith + Howard Wealth Management explains how tax-loss harvesting works and how it can benefit investors by reducing their tax liability while maintaining a diversified investment portfolio.
Through a detailed example, the article demonstrates the potential tax savings that may be achieved through tax-loss harvesting. It also discusses the importance of timing and monitoring investments to ensure that the strategy is used effectively. Read the full article here.
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