Greetings experts:
I just listened to a CPA CPE webinar concerning tax planning after the elections. One tip, that I have certainly heard often, was to tell your clients to be sure to harvest enough capital losses in this down market to cover any capital gains. This makes since in general, but wouldn't it be just as prudent to tell people to take enough in losses to cover your capital gains, plus an additional $3000 to cover the limit of ordiniay income offset? If the losses are there, I would think that extra 3k is more valuble than covering the capital gains. Yes?