Greed or Goodwill: Your Motive Makes a Scam Loss Deductible

When It Comes to Scam Losses, the IRS Says Greed Pays—But Goodwill Doesn’t.
Only victims seeking profit may deduct scam losses; emotional motives get no tax break.

Source: bradfordtaxinstitute.com/Content/Greed-or-Goodwill-Your-Motive-Makes-a-Scam-Loss-Deductible.aspx

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