It's called tax loss harvesting, and it refers to the relatively common strategy of selling off underperforming stocks or ...

Forbes contributors publish independent expert analyses and insights. Leading writer and speaker in the area of trader tax benefits. Every trader should understand how different financial instruments ...

The final weeks of the year are more than a countdown to the holidays. They’re your last chance to shape your refund or reduce what you’ll owe next April. A few proactive steps before December 31 can ...

As the year winds down, it's the perfect time to take advantage of tax strategies that can reduce what you owe next April. A ...

As we approach the end of the year, it's important to make sure your tax situation is in order. Many people don't think about their taxes until spring, since tax returns aren't due until April 15. But ...

‘Tis the season for articles on year-end tax planning. This advice typically includes a to-do list of the usual suspects designed to cut this year’s tax bill before the year closes. However, when it ...

It may not be tax season yet, but it's time to get ahead. If you wait until January 1st to start your tax planning, there's really not *** lot you can do. You can't go back in time. Jackson Hewitt's ...

Take your required minimum distribution by Dec. 31 to avoid penalties. For 2024 tax benefits, you can contribute up to $7,000 to an IRA; if you are over 50, you can add $1,000. Maximize 401(k) ...