Search -
Wall Street Secrets for Tax-Efficient Investing: From Tax Pain to Investment Gain
Wall Street Secrets for Tax-Efficient Investing From Tax Pain to Investment Gain Author:Robert N. Gordon, Jan M. Rosen Sage advice on taxes and investing from a Wall Street pro! An investor looks at a monthly brokerage statement. The eye goes straight to the figure on the bottomthe account value. But there's a catch. If the investor with big gains decides to play it safe and take some of that money off the table, taxes will take a chunk of it. Brokerage fi... more »rms know how to handle risk for their own accounts, hedging holdings, for example, to iron out volatility instead of incurring taxable capital gains. Savvy individual investors can use the same techniques to protect themselves. This book shares the strategies of an insider to demonstrate how you can use the tax laws to your advantage. In plain English, this book explains federal and state tax considerations that investors need to know to make the most tax-efficient investment choices and to protect their portfolios form risk.. By the time they finish reading this book, investors will be on their way to reducing their "tax bite" to a "nibble." Indispensable Advice for Investors: Discover the nooks and crannies in the tax code that you can use to your advantage How to factor tax consequences into investment choices Concrete exit strategies - disciplined loss harvesting can add nearly a percentage point to your annual after-tax return The perfect investment for college savings How to get money out of a stock without paying tax Avoiding the double-taxation trap of personal holding companies The quest for tax-efficient mutual funds The right way to structure a portfolio for a tax-deferred retirement plan Turning carryover losses into currently deductible expenses and capturing interest as a long-term gain Watching out for the AMT - and other year-end strategies« less