Hedging Technique Opens a Pandora's Box of Tax Concerns

A recent Dear Dagen column discussed a trading strategy called "shorting against the box" and mentioned that the Internal Revenue Service had cracked down on the practice.

Many of you wrote in begging to know more about the tax implications of this strategy.

You've come to the right place. In this special edition of the Tax Forum, we'll dissect -- and hopefully help you digest -- the intricate tax rules surrounding this strategy. ...