Tax-loss harvesting

Tax-loss harvesting is the selling of securities at a loss to offset a capital gains tax liability. This strategy is typically employed to limit the recognition of short-term capital gains. Short-term capital gains are generally taxed at a higher federal income tax rate than long-term capital gains. However, the method may also offset long-term capital gains—Read more at Investopedia. Kagan, Julia. “Taxable Income.” 25 June 2019