April 8, 2020

Making Lemonade out of Lemons

No one wants their investments to lose money – but sometimes an investment loss can become a tax benefit through the practice of tax loss harvesting.  By selling one investment at a loss and offsetting it against a gain in another investment, you can reduce your tax bill and improve your after tax investment returns.  This strategy is particularly fruitful during periods of high market volatility.


Alan Weissberger, Hirtle Callaghan’s Senior Tax and Estate Planning Specialist, recommends capitalizing on current volatility and harvesting your tax losses now.


In “Tax Loss Harvesting – Making Lemonade out of Lemons,” Alan explains the mechanics of tax loss harvesting and how we implement this strategy on behalf of our clients.