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March 5, 2021 9:47 AM Justin Resuello - Forbes Advisor
Posted:
Updated:
March 8, 2021 7:50 AM
To paraphrase a famous quote, taxes are an unavoidable part of life including when you invest. While taxes shouldn’t direct your investing strategy, they need to be part of your game plan.
“In short, what might appear to be a lucrative investment opportunity might not look as rosy after considering the tax implications of the transaction,” says Joshua A. Lowenthal, a tax attorney and estate planner based in Michigan.
Here’s how you can get to the bottom of investment taxes and make sure an investment is a good fit for you tax-wise as well as what you can do to minimize any capital gains taxes.
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