Tag Archives: Write-off

Crypto Crash Offers Investors Tax Write-off Opportunity

Amidst a dreadful year for crypto investors, a significant upside to the dismal performance of their assets could be that the losses could end up saving them a significant amount of tax if they understand how to record and file appropriately. Under the U.S. tax code, bitcoin investors who got “rekt” in 2018 can use these losses to mitigate their tax burden for the current financial year and beyond. Continue reading Crypto Crash Offers Investors Tax Write-off Opportunity