We’re coming to the close of 2009. It’s been an eventful year, a year of change, and over the next few weeks you’ll be seeing a lot of articles putting it all in perspective.
It’s also the close of the tax year, and year-end planning should be commanding some of your attention. One of the few tools not blunted by this soured economy is tax-loss harvesting—a strategy that can shelter income and reduce portfolio risk. And one might say this has been a banner year for tax losses.