Tax Strategies for an Approaching Cliff
As we approach the end of the year, investors must decide how to deal with their 2012 realized capital gains. This year, the decision-making is complicated by the pending fiscal cliff, which brings with it the likelihood of higher capital-gains tax rates beginning in 2013.
While the issue of whether or not to realize embedded gains is complicated for many investors (and one we will address in an upcoming article), today we'll focus on an equally important issue: whether or not to offset previously realized gains by taking unrealized losses....581 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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