While ’tis the season for spending, the author of today’s article notes that “this is also the time of year when a few simple moves could also save…some coin”, and he proceeds to outline three such moves to consider before January 1st. Move #1? Think about tax-loss harvesting (including how you can take advantage of the IRS’ “wash rule” to get a tax break for losing positions in your portfolio that you still want to hold onto). To read more about tax-loss harvesting – as well as for the other two last-minute money saving moves the author identifies – CLICK HERE.
