Duration: 1:36
Tyler Conley, MBA, CFP®, CEPA®, describes how tax-loss harvesting helps investors sell an investment at a loss in order to reduce their tax liability. Tyler also explains the wash-sale rule and notes that tax-loss harvesting requires attention to detail, but can be worth the effort for investors.
Finance Moment…Syverson Strege’s mini-podcasts to provide rapid-fire information on financial topics of the day.