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Financial Planning: Year-End Planning

Advisors To Clients: Prepare For Likely Tax Increases
Lisa Shidler

Considering the likelihood of tax increases after 2008, some advisors (and their clients) want to sell at least some shares now, while the top capital gains rate is still only 15%. Other advisors suggest waiting, as stocks are low and gains from an eventual market upswing may outweigh any potential tax savings.

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