Tax Planning for Investments: Why Timing Matters
The key to long-term investment success is usually time, not timing. But timing can have a significant impact on the tax consequences of your investment activities. Here are a few strategies that you might want to consider for 2018 and beyond.
Which tax planning strategies are right for you?
Although the TCJA didn’t change the long-term capital gains rates, it did change ordinary-income tax rates and tax brackets. And this could impact the tax you pay on investments. If you haven’t already, be sure to ask your tax advisor how timing—or other factors—could affect your tax burden.