With the market decline in February and March, investors with taxable investment accounts have had an opportunity to harvest investment losses that can offset future capital gains and ordinary income, potentially saving them a significant amount in taxes.  One of the most important considerations with harvesting losses is reinvesting the proceeds so as to not miss out on a market upswing.  If you have questions about how you may be able to benefit from this strategy, please contact us!

Find Schwab’s full article on the topic, linked here:


Categories: Tax