mutual funds

Year-End Tax Planning for Mutual Funds

As the end of the year approaches, it’s a good time to review your financial situation and consider strategies for lowering your tax bill. Following are a couple year-end tax planning tips for mutual fund investors. Harvest gains or losses One of the most powerful year-end strategies for investors is to “harvest” gains or losses.…

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mutual fund shares

The Tax Aspects of Selling Mutual Fund Shares

Perhaps you’re an investor in mutual funds or you’re interested in putting some money into them. You’re not alone. The Investment Company Institute estimates that 56.2 million households owned mutual funds in mid-2017. But despite their popularity, the tax rules involved in selling mutual fund shares can be complex. Tax basics If you sell appreciated…

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