On today's episode, we'll break down the mechanics of tax-gain harvesting—what it is, when to use it, and how it can potentially save you money—alongside the more familiar tax-loss harvesting strategies.
Topics Discussed:
- The end-of-year push to organize finances.
- How different people prepare for the end of the year.
- What tax-gain harvesting is and why someone may want to do this.
- How to know when certain strategies are worth the time.
- How to reduce your taxable income.
- What tax-loss harvesting is and how to use it to your benefit.
- What to consider when tax-loss harvesting.
Resources Mentioned:
Tags:
tax loss harvesting, tax gain harvesting, financial strategy, end-of-the-year financial push, financial planningemergency medicine, ER doc, ER doctor,
