2025-03-17 Keep What’s Yours
from Keep What's Yours Hosted by Jeff Zufall - Capital Advisory Group Inc.
In this episode of "Keep What's Yours", hosts Josh Gilbert and senior tax strategist Jeff Zufall discuss the 2024 tax season, highlighting the lack of significant tax revisions and the alarming rise in crypto theft. Jeff explains the challenges of dealing with stolen digital assets, emphasizing that such losses cannot be written off as capital or casualty losses. They also touch on the complexities of cryptocurrency transactions and the importance of dealing with reputable companies to avoid scams. The conversation shifts to the IRS's current challenges, including staffing issues and the impact of recent hiring freezes. Jeff advises listeners on the importance of accurately reporting digital asset transactions and the potential consequences of failing to do so. The episode concludes with practical advice for taxpayers, stressing the importance of timely tax payments and the benefits of professional tax assistance. The IRS reports that small businesses overpay their taxes every year. Stop overpaying - Call Capital Advisory Group at 636-394-5524 today!
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