What is Tax Loss Harvesting? Tax loss harvesting is when an investor sells a position at a loss to help offset capital gains tax liabilities at the end of the year. To understand what tax loss harvesting is, let’s create a hypothetical portfolio. It’s December 15, and the following is your portfolio: Here’s […]
When you buy and sell financial securities, you will inevitably generate profits and losses. The purchase of a stock that runs up 20% provides an excellent source of income, but with income comes taxes. There are two major tax implications that stock traders need to be aware of, which include long-term and short-term capital […]
After almost a decade in obscurity, cryptocurrency exploded onto the financial world in 2017. Everyone has heard of Bitcoin, and more than a few people have made fortunes from trading in the rapidly expanding cryptocurrency marketplace. However, much of the cryptocurrency world still remains uncertain and obscure. This is particularly true in the matter of […]
