Flippening - For Cryptocurrency Investors (bitcoin, Ethereum, And Cryptoasset Investing)

PSA: Crypto Tax Loss Harvesting (Before The Next Bull Run)

Informações:

Synopsis

Today, instead of an interview, you’ll hear a short public service announcement about tax-loss harvesting.Right now, during this period between the bear market and a potential bull market, where prices are going sideways, it would behoove a lot of people to consider doing some tax-loss harvesting To explain tax-loss harvesting in more detail, you’ll hear from my friend, Zac McClure, co-founder of TokenTax. I personally go to Zac for help with this stuff. In this short episode, you’ll learn: What tax-loss harvesting is What’s allowed and what isn’t How much you can deduct against your ordinary income if you've already used up all your gains The deadlines for tax-loss harvesting And finally, whether you can retroactively apply crypto losses on tax gains you’ve paid for in previous years Sponsors Veil Project Veil defines itself as ‘privacy without compromise’ — providing anonymity through a combination of technologies like RingCT. Having launched this year with over $1 million in seed funding, Veil boasts an