After a year of wild stock market swings and declines, most federal employees have investment accounts that are sitting in the red, and while it’s difficult to watch your account value drop, many find a silver lining in the form of tax savings. The tax strategy many federal employees utilize is tax loss harvesting, anContinue reading “End-of-Year Tax Planning For Federal Employees: Part 4 Avoiding The Wash Sale”
Category Archives: Tax Planning
End of Year Tax Planning For Federal Employees: Part 3 Tax Loss Harvesting
Most federal employees don’t think about their taxes until April 15th is around the corner, however, thinking about taxes long before it’s time to file gives you the opportunity to do some tax planning that can potentially reduce your tax bill. That being said, the end of the year is a great time to useContinue reading “End of Year Tax Planning For Federal Employees: Part 3 Tax Loss Harvesting”