Page 4 - David Schizer News Today

Tax-loss harvesting has been mechanized thanks to the collapse in trading costs and the rise of so-called direct indexing

Despite the proscription on ‘wash sales’, it remains a common enough investment solution.

This story first appeared at ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories…

Goldman Sachs helped billionaires dodge taxes by selling stocks and replacing them with nearly identical investments.

Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.

>> willie, whats next? >> coming up next dean of the columbia law school, david schizer joins us for the must read opinion pages. avo: the volkswagen "sign then drive" sales event is back. which means its never been easier to get a new passat, awarded j.d. powers most appealing midsize car, two years in a row. and right now you can drive one home for practically just your signature.

So, i went with a windows phone. maybe i just see things other people dont. ♪ honestly ♪ i wanna see you be brave ♪ ♪ 47 past the hour. live look at the white house. lights are on but the sun has yet to come up. the dean of the columbia through fiscal david schizer. good to see you. our must invade from the daily beast. presidents can never seem to learn to stop overreaching by stewart stevens. our political life seems to have a recurrent pattern that, perhaps, not surprisingly mirrors...