Year-end tax considerations

[benchmark]

With the impeding rise of tax rate, and the additional health care tax (3.78%), what's the board's opinion on selling to lock in long term gains to avoid the tax hike?

[onyx1]

It's worth considering.  For US taxable accounts, there is no wash-sale rule for gains so one can sell and immediately buy back the same shares.  This will create a recognizable gain at today's rates and reset your basis for future gains.  Of course it requires cash out of pocket today, but you do benefit if rates are higher in the future.