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Give Yourself a Last-Minute Tax Refund Boost Using This Strategy

Source: fool.com - Dec 24, 2020

There are only a few trading days left in the year. With the clock winding down on 2020, you may be limited in how much you can reposition your investments to get an increase in your overall rate of return.

But there are other actions that you can still take, like tax-loss harvesting, that can help you put more money in your pocket. When you use this strategy you can offset tax liabilities created from your investments by selling some of your holdings at a loss. Here's how.

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Category: General Business