The copyright boom minted overnight fortunes—but few are prepared for the looming reality: copyright tax.
That’s where Joseph Plazo comes in, a seasoned lawyer and copyright tax strategist, most investors are unknowingly hemorrhaging money to taxes. And the worst part? They don’t have to.
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“Tax law isn’t the enemy—it’s a toolkit. If you know where to look,” Plazo emphasizes.
Here are his top strategies for legally minimizing your copyright tax bill:
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???? **1. Long-Term Holding = Lower Taxes**
Patience pays: Long-term capital gains are taxed less than short-term ones. Joseph Plazo advises clients to plan exits wisely.
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???? **2. Harvesting Losses, Strategically**
Got a losing coin? Don’t panic—tax-loss harvesting lets you offset gains with losses. According to Plazo, “Losses are your tax shield. Use them wisely.”
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???? **3. Relocate or Re-Structure**
Location matters. Joseph Plazo points to Puerto Rico as proactive zones for serious investors. “Where you live—and where your entity is based—can slash your tax bill by 80%+,” he explains.
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???? **4. Use Corporate Entities**
Don’t trade like an amateur. Joseph Plazo recommends setting up a tax-optimized entity to write off expenses like software, hardware, or advisory services.
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???? **5. Document Everything**
No paper trail? Big audit risk. Plazo insists on using apps like Koinly or CoinTracker. “What you track, you can defend. And what you can defend, you can keep.”
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???? **The Joseph Plazo Mindset**
“Smart investors don’t evade taxes—they outthink them,” Plazo quips. His approach is aggressive yet compliant—and it’s saving clients hundreds of thousands annually.
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**Final Word**
Your freedom ends where tax law begins. If you’re investing serious capital, click here you need Joseph Plazo in your corner.
Ready to play smarter with copyright tax? Joseph Plazo’s copyright tax blueprint might just be your best investment yet.