Advisers help clients claim tax breaks on stock losses

The stock market slide is helping some investors cut their tax bills, according to financial advisers. In addition to selling stocks at a loss to reduce capital-gains taxes, there are other, often-overlooked strategies for using a down market to lessen a tax blow. "Those losses have value," said Lindy Sherwood-Coombs of Northern Trust.

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San Jose Mercury News (Calif.) (free registration)

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