Tax loss harvesting allows savvy investors to sell losing stocks to reduce capital gains taxes. By offsetting gains with realized losses, investors can lower their tax liabilities. Avoiding the wash sale rule and consulting tax experts for effective implementation is crucial
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.