Charles Schwab defines a wash sale as "when you sell a security at a loss for the tax benefits but then turn around and buy the same or a similar security." The IRS has rules about wash sales, but, at ...

intelliflo has introduced new wash sale detection capabilities to its redblack platform, aimed at helping financial advisors manage compliance with IRS rules while optimizing tax-sensitive rebalancing ...

ATLANTA--(BUSINESS WIRE)--intelliflo redblack today announced the launch of a powerful new wash sale detection capability that allows for the linking of accounts, including separately managed accounts ...

At the beginning of this series, I mentioned briefly that taxpayers can use tax-loss harvesting approaches in tandem with a number of investment strategies, which we will go into in more detail in ...

Institutional investors are harvesting ETF losses for tax purposes, then placing their assets in highly correlated funds — regardless of so-called wash-sale restrictions, a new study found. In theory, ...

Forbes contributors publish independent expert analyses and insights. I write about investment strategies to build generational wealth. As the days grow shorter, savvy investors know it's time for a ...

Question: To offset my 2024 capital gains, I sold off a tranche of stock in a loss position in late December to avoid owing taxes. I repurchased most of that stock in January because I believed that ...

Clients may sell securities at a loss for various reasons, including rebalancing portfolios and, especially as year-end approaches, lowering their tax bills.