The Year-End Tax Playbook: Mastering Tax-Loss Harvesting for High Earners in 2024
With December 31st approaching, affluent investors have a narrowing window to deploy one of the most powerful tools in the high-net-worth tax management arsenal: tax-loss harvesting. This tactical guide breaks down the mechanics, the rules that govern them, and the specific steps wealthy investors should take before the calendar turns. From wash-sale pitfalls to cryptocurrency considerations, the checklist ahead is designed to be reviewed alongside your advisor today.