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These Tax Moves Could Save You Serious Money -- but You'll Need to Make Them Soon

These Tax Moves Could Save You Serious Money -- but You'll Need to Make Them Soon

If you have an underperforming stock in your portfolio, you may be aware that unloading it at a loss will allow you to offset capital gains and/or ordinary income, thereby reducing your tax burden for the year. Donating cash to charity can give you a substantial tax deduction, and the more generous you are, the more you stand to gain.