Tax-loss harvesting can turn underperforming investments into a valuable tax-planning opportunity—but timing, account coordination, and the wash-sale rule all matter. In this episode, we discuss how investors can use realized losses to offset capital gains, potentially reduce federal taxes, and improve the long-term tax efficiency of a taxable portfolio.

What we’ll cover:
✅ How capital losses offset capital gains dollar for dollar
✅ Why excess losses may be carried forward to future tax years
✅ Why taxable accounts and IRAs must be reviewed together
✅ How replacement securities can help maintain market exposure
✅ Why October is an important month for year-end tax planning

If you haven’t already, we encourage you to meet with your financial team ASAP to year-end tax planning! If there are any specific things you're thinking about or questions you may have, make sure to drop them in the comments below.

👍 For more tips and advice like this, hit ‘subscribe'

🔍INSTAGRAM: / / https://www.instagram.com/tanisfingroup/
LINKEDIN: / / https://www.linkedin.com/in/caroline-tanis/
PODCAST: / / https://podcasts.apple.com/us/podcast/the-wealth-cafe/id1831982850
BLOG: / / https://tanisfingroup.com/blog/
------------

🔗CONNECT
Website: https://tanisfingroup.com/
Email: caroline@tanisfingroup.com

#TaxLossHarvesting #CapitalGainsTax #TaxPlanning #InvestmentStrategy #WealthManagement #HighNetWorth #DirectIndexing #FinancialPlanning #PortfolioManagement #WashSaleRule #YearEndTaxPlanning #TheWealthCafe

For nearly a decade, high earners in high-tax states were limited by the $10,000 SALT deduction cap. Now, the One Big Beautiful Bill Act has temporarily increased the cap, creating a valuable planning window for taxpayers who itemize deductions and have meaningful state and local tax exposure.

In this episode we’ll break down what the new SALT deduction cap means for high-earning women, business owners, and families in states like New Jersey, New York, and California — including who benefits, who may be phased out, and what planning strategies to discuss with your CPA before year-end.

What’s Covered
✅ How the SALT deduction cap changed from $10,000 to $40,400 for 2026
✅ Who is most likely to benefit from the higher SALT deduction cap
✅ Why capital gains, bonuses, RSUs, and investment income can reduce the benefit
✅ How to determine whether itemizing deductions makes sense for your household
✅ Three action steps to take with your accountant before year-end

If you haven’t already, we encourage you to meet with your financial team ASAP to learn more about the new SALT Deduction Increase! If there are any specific things you're thinking about or questions you may have, make sure to drop them in the comments below.

👍 For more tips and advice like this, hit ‘subscribe'
🔍INSTAGRAM: / / / tanisfingroup
LINKEDIN: / / / caroline-tanis
PODCAST: / / https://podcasts.apple.com/us/podcast...
BLOG: / / https://tanisfingroup.com/blog/

------------

🔗CONNECT
Website: https://tanisfingroup.com/
Email: caroline@tanisfingroup.com

#SALTdeduction #TaxPlanning #HighEarners #WomenAndWealth #FinancialPlanning #WealthCafe #NewJerseyTaxes #NewYorkTaxes #PTET #BusinessOwnerTaxStrategy #ItemizedDeductions #TaxStrategy #WealthManagement

In this episode of The Wealth Café, we break down what the new children’s savings accounts are, who can open them, who can contribute, how the federal $1,000 seed contribution works for eligible children, and how these accounts compare to 529 plans. You’ll also learn how they may fit into broader gifting, estate planning, and wealth transfer conversations—especially for parents and grandparents thinking intentionally about the next generation.

What we’ll cover:
✅ The $1,000 federal seed contribution for eligible children
✅ Children’s savings accounts vs. 529 plans
✅ Who can open and contribute to the new children’s savings account
✅ Annual contribution limits and employer contributions
✅ How the account grows and what happens at age 18

If you haven’t already, we encourage you to meet with your financial team ASAP to find out if the new Children’s Savings Plan is right for your family! If there are any specific things you're thinking about or questions you may have, make sure to drop them in the comments below.

👍 For more tips and advice like this, hit ‘subscribe'

🔍INSTAGRAM: / / / tanisfingroup
LINKEDIN: / / / caroline-tanis
PODCAST: / / https://podcasts.apple.com/us/podcast...
BLOG: / / https://tanisfingroup.com/blog/

------------

🔗CONNECT
Website: https://tanisfingroup.com/
Email: caroline@tanisfingroup.com

#TheWealthCafe #CarolineTanis #TanisFinancialGroup #ChildrensSavingsAccount #GenerationalWealth #WealthPlanning #529Plan #FinancialPlanning #Grandparents #Parents #EstatePlanning #TaxAdvantagedSavings #FamilyWealth #WomenAndWealth