Overview
When looking at a monthly brokerage statement, an investor’seyes go straight to the bottom line—the account value. Butthere’s a catch. If you have big gains and decide to play itsafe and take some of that money off the table, taxes will take ahefty chunk of those profits. Brokerage firms know how to handlesuch risk for their own accounts, hedging holdings, for example, toiron out volatility instead of incurring taxable capital gains.Savvy individual investors can use the same techniques to protectthemselves.
In this indispensable guide, Robert Gordon, a Wall Street veteran,shares the strategies of an insider to demonstrate how you can usethe tax laws to your advantage. Written in plain English, this bookexplains federal and state tax considerations that investors needto know to make the most tax-efficient choices and to protect theirportfolios. The emphasis is on practical application, aimed atguiding you to specific, accessible tax-saving goals without havingto wrestle down the entire Internal Revenue Code.
Thanks to the talents of Gordon and respected journalist Jan M.Rosen, this book is clearly organized along transactional lines,offering easy entry for busy readers and allowing investors to zeroin on a powerful array of proven, tax-minimizing techniques andstrategies. By the time you finish reading Wall Street Secretsfor Tax-Efficient Investing, you will be on your way toreducing your tax bite to a nibble and enjoying the full benefit ofyour investment earnings.
In this indispensable guide, Robert Gordon, a Wall Street veteran,shares the strategies of an insider to demonstrate how you can usethe tax laws to your advantage. Written in plain English, this bookexplains federal and state tax considerations that investors needto know to make the most tax-efficient choices and to protect theirportfolios. The emphasis is on practical application, aimed atguiding you to specific, accessible tax-saving goals without havingto wrestle down the entire Internal Revenue Code.
Thanks to the talents of Gordon and respected journalist Jan M.Rosen, this book is clearly organized along transactional lines,offering easy entry for busy readers and allowing investors to zeroin on a powerful array of proven, tax-minimizing techniques andstrategies. By the time you finish reading Wall Street Secretsfor Tax-Efficient Investing, you will be on your way toreducing your tax bite to a nibble and enjoying the full benefit ofyour investment earnings.
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