Stocks Break Record, But Smart Money Is Focused On Taxes

Published Friday, November 13, 2020 at: 7:01 PM EST

The precise tax hikes coming in 2021 are unclear. Nonetheless, proactive tax planning is urgent for high-net worth individuals and high-income earners.

Year-end tax planning is normally a routine affair, but 2020 is a year-end tax planning season like no other.  The stakes are high for certain individuals.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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