This EASY Trick Will Save You THOUSANDS on Capital Gain Taxes

Are you minimizing capital gain taxes to save on your annual tax bill? Are you using the right cost basis reporting methods? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to https://www.safeguardinvest.com/contact.

Sometimes, tax planning is just about simple 'blocking and tackling'. In this video, we teach basic cost basis reporting methods you can use to optimize your capital gain tax bill each year.

0:00 Saving on Taxes is About Control!
0:17 Cost Basis Explained
0:47 What is Cost Basis Reporting?
1:42 The Default Stock Method: FIFO
2:41 The Default Mutual Fund Method: Average Cost
3:19 Cost Basis Reporting Methods
3:48 Why this EASY Trick is Powerful!
6:05 Changing Your Cost Basis Method

#CapitalGains #TaxPlanning #SaveonTaxes

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