How To Minimize Capital Gains Tax After A Giant Stock Win

ByWilliam Baldwin,

Senior Contributor.

A

nice problem to have: You’re sitting on an immense unrealized gain on a volatile stock, and it’s making you nervous. Should you sell and pay a lot of tax? Hold and run the risk of losing it all? Are there other options?

This affliction of the wealthy is one Andrew Whitehair is in business to cure. He’s a 44-year-old CPA at Baker Tilly, a firm that assists businesses and prosperous individuals with tax and accounting challenges. He lives near Cleveland, a consequence of being the dutiful husband of a high-powered doctor, but has a national clientele.