Cryptocurrency Q&A Can you write off management fees?

Can you write off management fees?

CryptoNerd CryptoNerd Thu Oct 24 2024 | 6 answers 1214
I am a business owner and I am wondering if I can write off management fees as a business expense. I want to know if this is allowed and how it can benefit my business. Can you write off management fees?

6 answers

Martina Martina Sat Oct 26 2024
Investment management fees are not tax deductible as of current regulations.

Was this helpful?

351
28
Rosalia Rosalia Fri Oct 25 2024
This situation is expected to remain unchanged until the year 2025.

Was this helpful?

376
33
Caterina Caterina Fri Oct 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its clients.

Was this helpful?

148
82
EchoWhisper EchoWhisper Fri Oct 25 2024
The Tax Cuts and Jobs Act (TCJA) introduced significant modifications to the tax code.

Was this helpful?

76
22
SamsungShineBrightness SamsungShineBrightness Fri Oct 25 2024
These changes impact what investors can and cannot include in their tax returns.

Was this helpful?

59
51
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts