Don't Wait Until the End of 2020 to Make These Key Tax Moves
Whenever a given years starts to wrap up and a new year approaches, you'll generally be hit with some tax tips designed to help you maximize your savings. But one thing you don't want to do is put the following strategic tax moves off until the last minute. Rather, now's the time to make them.
You may have some stocks sitting in your portfolio that have been sluggish all year and are unlikely to recoup enough value to get back to the price you bought them at. The good news in this situation is that you don't have to sit back and watch those stocks decline even more. Rather, you can sell them at a loss and use that loss to your advantage.
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Source Fool.com
