“Charitable Clumping” – And Other Strategies To Reduce Your Tax Bill In This Lofty Market

2018-10-14 13_17_43-100+ Amazing Bill Photos · Pexels · Free Stock PhotosDespite a number of anxiety-inducing market routs, stocks have performed quite nicely this year. That impressive performance, however, brings with it some potential problems for investors, including off-balance portfolios and taxes on gains. As the author of today’s article notes, “a lofty market environment presents a lot of potential tax traps, as the appreciated winners in a portfolio that are most in need of trimming also carry the highest embedded gains.” As such, she proceeds to outline some strategies to minimize your tax bill in this lofty market. For more, CLICK HERE.