Managing The Coming Capital Gains Tax Hike
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A++
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Excellent as usual. Suggestion on something to add: Please comment on this potential scenario: The cap gains laws get revised (& let's say the outcome was as bad as you anticipated). Advisors help their clients mitigate the tax costs. THEN those revised cap gains laws get changed (back) AGAIN. Because many of the strategies recommended are irrevocable, what liability (if any) do advisors have for implementing actions that can't be taken back? Are there more strategies that can offer some flexibility?
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