Category: Stocks

  • Strategies for Investors to Cut Taxes as Year-End Approaches

    Strategies for Investors to Cut Taxes as Year-End Approaches

    The overall stock market has been down during 2022 but there have been some bright spots. As year-end approaches, consider making some moves to make the best tax use of paper losses and actual losses from your stock market investments. Tax rates on sales Individuals are subject to tax at a rate as high as…

  • ESOPs Offer Businesses a Variety of Potential Benefits

    ESOPs Offer Businesses a Variety of Potential Benefits

    Wouldn’t it be great if your employees worked as if they owned the company? An employee stock ownership plan (ESOP) could make this a reality. Under an ESOP, employee participants take part ownership of the business through a retirement savings arrangement. Meanwhile, the business and its existing owner(s) can benefit from some tax breaks, an…

  • Selling Securities by Year End? Avoid the Wash Sale Rule

    Selling Securities by Year End? Avoid the Wash Sale Rule

    If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of the “wash sale” rule. How the rule works Under this rule, if you sell stock or securities for a loss and buy substantially identical stock or securities back within the…