Tax Relief for Ponzi Scheme Victim
Ponzi schemes are unfortunately still a threat to investors. In 2024 alone, authorities uncovered 60 alleged Ponzi schemes involving $3.25 billion in investor funds—the highest amount since the Great Recession. If you’ve fallen victim to a Ponzi scheme, there’s some good news on the tax front: the IRS tax-favored Ponzi scheme loss deduction rules remain […]
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