In a tax context, you can use capital losses to offset an equivalent dollar amount of capital gains, or up to $3,000 in capital losses to offset ordinary income. In either case, the offset allows you to reduce the tax you owe. Further, banks have the right of offset if a borrower defaults on a loan.
Central Daylight Time (CDT) is 5 hours behind Coordinated Universal Time (UTC). This time zone is a Daylight Saving Time time zone and is used in: North America. This time zone is often called Central Daylight Time. See full time zone map.
Central Time - USA & Canada. Central Standard Time ( CST ) = GMT-6. Central Daylight Time ( CDT ) = GMT-5. Blast from the past: Northfield News, 30 April 1959. Jefferson buses will remain on standard time although Minnesota will be on Daylight Saving Time. Goodhue County is not on DST, but Dennison has adopted the change.