Year-End Tax Preparation

Happy Holidays from Kram, McCarthy, Ayers & Frost! As tax season is upon us, here are some useful tips that can help guide you as you prepare your individual, business, and/or virtual currency filings for 2019! Click on the links below as needed. 2019 Year-End Letter – Virtual Currency 2019 Year-End Letter – Individual 2019 Year-End…

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Those Pesky Wash Sale Rules

Investors looking to realize capital losses at the end of the year need to be made aware of the Wash Sale Deferral Rules under I.R.C. 1091. Disposing of a stock or security at a loss and then within the 61-day time frame (30 days before + trade date + 30 days after) acquiring (or enters…

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