Listen to a Business English Dialogue About Long term loss
Elizabeth: Hi Shawn, have you heard about long-term losses in finance?
Shawn: Hi Elizabeth, yes, long-term losses occur when the value of an investment decreases over an extended period, typically more than one year.
Elizabeth: That’s right. Long-term losses can offset capital gains for tax purposes, reducing the overall tax liability for investors.
Shawn: Exactly. It’s important for investors to understand the tax implications of long-term losses and how they can be used to their advantage in financial planning.
Elizabeth: Agreed. Proper tax planning can help investors minimize their tax burden and maximize their overall investment returns in the long run.
Shawn: Absolutely. By strategically managing long-term losses, investors can optimize their portfolios and achieve their financial goals more effectively.