With Stock Market Down, Here’s What You Need To Know About Gains & Losses For Tax Purposes
Yesterday wasn’t a pretty day on Wall Street. The Dow Jones industrial average plunged nearly 3,000 points sending stocks tumbling to their worst single-day losses since the Black Monday crash of 1987. The markets were mainly reacting to the coronavirus (COVID-19) pandemic. COVID-19 is the official name for the infectious disease caused by the most…