Dear Loyal Reader, President Biden is proposing to double the maximum capital gains tax rate to 39.6%. But there's a clever way to delay — if not completely avoid — this new tax hit. Exchange-traded funds, also known as ETFs. Since ETFs trade baskets of stocks, most capital gains inside ETFs are exempt from being taxed. As a result, investors have been leaving mutual funds in droves and pouring trillions of dollars into ETFs. But while switching a portion of your overall portfolio into ETFs could be a good strategy, that's only one of many countless ways to slash your taxes this year. Click here for more details. Kind regards, Aaron Mahler Manager, Premium Services, Banyan Hill Publishing (c) 2021 Banyan Hill Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Banyan Hill Publishing. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 866-584-4096) Legal Notice The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: http://banyanhill.com/contact-us Remove your email from this list: Click here to Unsubscribe |
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