Should United States Investors Harvest Portfolio Gains in Advance of Increasing Income Tax Rates?

Beginning in 2013, the federal income tax rate on capital gain income is scheduled to increase from 15 to 20 percent. This article analyzes the various situations in which investors should consider either holding their investment positions or recognizing their portfolio gains during 2012.

This article was published in the February 2012 issue of Financier Worldwide. © 2012 Financier Worldwide Limited.

Thomas N. Lawson is a partner and chair of the Los Angeles Tax Department of Loeb & Loeb LLP. His practice focuses on the representation of individuals and their businesses in connection with income and wealth transfer tax planning.