Loss on the Decline in Value of Cryptocurrency

Published Categorized as Articles, Austin, Tax

Cryptocurrencies, a type of digital asset, can be a valuable source of tax losses. In fact, harvesting tax losses at or near the end of the year is a well-recognized tax planning strategy. This entails selling crypto positions that have sustained losses and immediately buying them back. This is not available for other assets, such… Continue reading Loss on the Decline in Value of Cryptocurrency

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