If you own mutual funds in a taxable account, you probably know about capital gains which get reported on your tax return. During tax season I always have a few clients that complain about having to pay tax on the capital gains when they didn’t even sell the fund AND they lost money during the year.
Our Chief Investment officer at Brookstone Capital Management, Mark DiOrio, CFA, discusses the potential tax benefits of ETF’s vs Mutual Funds.
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Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Carla Merlak/Merlak Tax Advisory Group, Inc. are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.