Harvesting market losses is a great way to lower your tax bill. But don’t violate this key rule Written By Written by Contributor, Buy Side Anna-Louise Jackson is a contributor to Buy Side and an ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Investors looking to write off ...

intelliflo has introduced new wash sale detection capabilities to its redblack platform, aimed at helping financial advisors manage compliance with IRS rules while optimizing tax-sensitive rebalancing ...

Charles Schwab defines a wash sale as "when you sell a security at a loss for the tax benefits but then turn around and buy the same or a similar security." The IRS has rules about wash sales, but, at ...

Institutional investors are harvesting ETF losses for tax purposes, then placing their assets in highly correlated funds — regardless of so-called wash-sale restrictions, a new study found. "While the ...

Question: To offset my 2024 capital gains, I sold off a tranche of stock in a loss position in late December to avoid owing taxes. I repurchased most of that stock in January because I believed that ...