08
2018
Year End Tax Planning
Year-end tax planning can ease the tax bite of capital gains and losses. While many people have made money on the stock market this year, there are others who’ve recognized losses on securities. The right year-end tax planning strategy for an individual’s capital gains and losses will depend on a series of factors, including the amount of regular taxable income, the tax rate that applies to the individual’s “adjusted net capital gain,” whether recognized capital gains are long- or short-term,