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The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
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Tax Watch

The Spokesman-Review

Tax watch

Have you had big winners in your portfolio? If so, there’s a very good chance that they’ll be making capital gains payouts later this year, which means you could wind up owing taxes on those gains. If you were planning to buy into a hot asset class, wait until after they’ve made their distributions. That way, you won’t be on the hook for taxes on gains you weren’t around to enjoy.

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