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Taxes

taxes

How to Prepare for Trump’s Tax Plan Now

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As we’ve recently been reminded, political prognostication is a very inexact science. Nevertheless, the outline of changes that a unified Republican government would like to make to the US federal income tax system for individuals is fairly clear. All taxpayers should be paying attention, and particularly those of us who…

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Tax Loss Harvesting

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What is tax loss harvesting anyway – and why should you care? The very term “tax loss harvesting” seems weirdly self-contradictory. How can a loss be ‘harvested’ and why would one ever want to do that? The answer lies in the way our system of taxing investments works. Many people…

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