2025 tax season hitting different. Just had that conversation with my accountant.
Me: Lay it on me, good or bad first? Accountant: Bad news - your portfolio's gone. Me: ...and the upside? Accountant: Well, no capital gains means no tax headache.
Guess there's always a silver lining when you're down 100%. At least the IRS can't touch what doesn't exist anymore.
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2025 tax season hitting different. Just had that conversation with my accountant.
Me: Lay it on me, good or bad first?
Accountant: Bad news - your portfolio's gone.
Me: ...and the upside?
Accountant: Well, no capital gains means no tax headache.
Guess there's always a silver lining when you're down 100%. At least the IRS can't touch what doesn't exist anymore.