Year-End Planning Provides Tax Savings Opportunities: Stock Losses and Investment Preservation

Taking steps today to reduce your tax burden tomorrow is a smart way to manage your tax liability.  Review your investment portfolio for opportunities to realize losses on stock while substantially preserving your investment position. There are several ways this can be done. For example, you can sell the original holding, then buy back the same securities at least 31 days later. It may be advisable for us to meet to discuss year-end trades you should consider making.

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