Tuesday May 31, 2022 – The Crypto Crash of recent weeks has put many on alert. Some have seen this as the demise to Cryptocurrency AND Blockchain technology. But don’t let short term fluctuations sour you to this technolgy.
Cryptocurrency has been hyped and there is many speculators out there trying to cash in. The speculation has led to huge swings in the prices of Bitcoin and all the Alt coins. Unfortunately, the swings have been on the down side recently.
Don’t be fooled. Cryptocurrency AND Blockchain technology is here it stay. The potential to change how the world operates is still there – and growing stronger by the day. In many ways, the volitivity is proof of this statement.
Attorney Steven A. Leahy looks at the latest Crypto and Blockchain news on Today’s Tax Talk.
https://cointelegraph.com/news/tips-to-claim-tax-losses-with-the-us-internal-revenue-service
Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649
