Tax Tricks

Willis, Gerri
December 2008
Best Life;Dec2008/Jan2009, Vol. 5 Issue 10, p52
The article presents tips to avoid tax in 2009. It mentions the U.S. Internal Revenue Service's (IRS) provision known as tax-loss selling. The provision allows an individual to avoid tax on profits earned in the market, plus the income tax. The author suggests to rebalance the portfolio and engage in charitable giving to get a tax deduction.


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