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Leavey School of Business Santa Clara University

Newsmakers

Finance Professor Meir Statman Head Shot

Finance Professor Meir Statman Head Shot

Meir Statman : Year-end Tax Tips : Don’t Mess With Taxes

Finance Professor Meir Statman provided year-end tax tips to the online publication Don’t Mess With Taxes.
Glenn Klimek Professor of Finance Meir Statman Head Shot

Meir Statman, Glenn Klimek Professor of Finance, offers year-end tax tips as the holiday season begins. His biggest tip was selling assets that didn’t rebound after some months saw brutal losses in stocks. Realizing your losses sooner rather than later is beneficial because you have the opportunity to save money and earn a tax deduction. “Investors who wait until the very end of the tax year are likely to pay more taxes than those who realize losses when they occur,” said Professor Statman. “If you wait until December, the share prices might increase to what you paid for them.”

Read the full article here.

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