Tax Reform

With the possibility of a new president on the horizon, significant changes to the tax code may be on the way.

Do you understand the new tax bill's impact on your tax-managed investments? We have analyzed the situation and have some answers.

We suspect the U.S. stock market has priced in much of the benefit of tax decreases, but the answer is not straightforward as there are many variables to consider.

The new tax package is causing investors to engage in more aggressive tax-loss selling.

The vote is in, FIFO is out. This is a victory for investors. First-in, first-out accounting would have caused capital gains taxes to increase and would have led to more assets stuck in concentrated portfolios, instead of being appropriately diversified.

While all the provisions are still being debated, we think this tax proposal highlights the importance of a systematic tax-management approach all year long. Read our latest post to get caught up on what we know so far, why we think it's happening now, and what it could mean for the future of tax management.