Tax Loss Harvesting

In this video, we discuss capital gains and how tax loss harvesting can help reduce your tax bill. When an investment’s value drops below your purchase price, realizing that loss can offset other gains — potentially saving you money at tax time. But there are important rules to follow, like avoiding “substantially similar” securities and observing the 30-day wash sale window. We’ll cover: How realized gains and losses impact your taxes The wash sale rule and what counts as a similar security How unused losses can carry forward to future years Why strategic, year-round tax loss harvesting can enhance after-tax returns At Auric Capital Partners, we focus on proactive tax management to help clients make the most of every market move.