MVLS/Frost Law Deducting Losses from Common Scams and Schemes

Join Heather Posey, Esq. and Zoha Sohail, Esq. from Frost Law for an in-depth exploration of the complex tax implications surrounding theft losses. As fraudulent schemes like pig-butchering scams, compromised account scams, romance scams, and sophisticated phishing schemes become increasingly prevalent, understanding the criteria for deducting these losses becomes more critical than ever.

Our speakers will provide a deep dive into the technical requirements of the tax code to help victims and their advisors find potential relief. We'll cover the essential "Profit Motive" criterion, distinguishing between trade/business, for-profit transactions, and personal losses. This session is designed to equip you with the knowledge needed to confidently navigate the evolving fraudulent environment.

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