How does JRL manage the income tax consequences of investing?
A. Unlike mutual funds, the tax consequences of managed accounts can be predicted and managed efficiently. Working with information about capital gains and losses outside of the managed account, they can assist in offsetting gains and losses and take advantage of the annual short-term capital loss deduction. Individuals may also achieve tax efficiency with the management of charitable contributions and investment advisory fees. JRL does not offer tax advice, but they can work closely with your tax advisors.
