Taxes aren’t just a once-and-done thing. There are plenty of steps, beyond the last-minute rush to file every April, that investors can take to help reduce their tax liability, says Vinay Navani of the accounting firm WilkinGuttenplan P.C. In fact, he adds, “It’s crucial to make tax considerations an integral part of every investment decision, all year round.”
Asking your advisor the top five questions could help you become a tax-aware investor and minimize the tax impact on your returns.
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