by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jun 17, 2023 | Cryptocurrency, Tax Assessment
Have you experienced significant losses in crypto investments like Luna and FTX? !Discover a silver lining as we unveil how you can transform these setbacks into valuable tax deductions. Gain exclusive insights into the world of crypto tax planning. The IRS Chief...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 19, 2023 | Cryptocurrency, Tax Strategy
Cryptocurrencies can be complex when it comes to taxes, but with the right strategies, you can minimize your tax burden and maximize your savings. In this article, we’ll explore some key tax strategies that can help you save money, even within the realm of...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Dec 11, 2022 | Cryptocurrency, Tax Deductions
Seven YEAR END tax-saving strategies for crypto traders and Investors: Keep accurate records: Proper record-keeping is essential for accurately reporting your crypto trades on your taxes. Be sure to keep track of the date, time, and amount of each trade and the price...