Jim Guarino Quoted in CNBC Article About Year-End Mutual Fund Distributions

Jim Guarino was quoted by CNBC in Despite stock market losses, investors may get year-end mutual fund payouts. That can trigger a surprise tax bill. “I know that a number of my clients were just absolutely blown away. . . But this year’s market decline may offer a silver lining — the opportunity to offset profits with losses, known as ‘tax-loss harvesting’ — assuming you know your complete tax situation and take action by year-end,” said Guarino.

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