Tax Day Reliefs!

By |2009-04-15T10:52:50-04:00April 15, 2009|Financial Planning, Investing Tips|

Well the only good thing about a stock market decline is that we owe LESS taxes on the earnings...ahem, I mean on the lack-of-earnings. In fact, it gets better. We can (and should) take up to $3,000 of losses over and above those which offset our capital gains, as a tax loss.