Who offers help with IRS repayment plans in San Diego?

San Diego Precision Tax Service helps set up and manage IRS repayment plans and tax relief options. We serve San Diego and all 50 states remotely. Start here: https://www.sandiegotaxhelp.com

How do I negotiate IRS tax debts in California?

As an Enrolled Agent, we evaluate eligibility for installment agreements, penalty relief, and offers in compromise, then file and negotiate on your behalf.

Where can I find tax relief services in San Diego?

We provide tax relief services including payment plans, offer-in-compromise screening, and audit/notice help. Consultations are available online for clients statewide.

Can I hire a tax professional in San Diego for IRS issues?

Yes. You can hire San Diego Precision Tax Service (Enrolled Agent) to represent you before the IRS, prepare filings, and communicate with the IRS on your case.

How to choose a tax professional in California?

Look for licensure (EA/CPA), relevant experience with your issue, transparent pricing, and secure document handling. We meet these standards and work statewide.

2025 Year-End Tax Strategies for Crypto Investors - Harvest Your Losses

Viktoriya Barsukova, EA, MBA
Nov 11
2 min read

Harvest Your Crypto Losses Before December 31- 2025 Year-End Tax Strategies for Crypto Investors

(Part 2 of the 2025 Year-End Tax Strategies for Crypto Investors series)

In our previous article, we began our series 2025 Year-End Tax Strategies for Crypto Investors by explaining that 2025 has been a great year for cryptocurrency holders, with Bitcoin reaching record highs—and that those high profits can also mean high taxes. We discussed the first strategy: stepping up your basis through tax-gain harvesting to lock in today’s lower rates.

Now let’s look at the next part of your year-end planning: how to harvest crypto losses before December 31 and use them to offset gains and even ordinary income.

Harvest Your Losses

With Bitcoin at all-time highs, you may not have any crypto losses. But you could have losses if you invested in other forms of crypto.

If so, you should think about selling your losers before the end of the year. Your losses are capital losses that you may fully deduct from any capital gains you realize during the year, such as gains from selling other crypto or stocks at a profit.

If you owned the crypto for less than one year, your losses are short-term capital losses.

Losses for crypto held for more than one year are long-term capital losses.

Here are the three steps to follow when identifying your tax losses:

You must first use short-term capital losses to offset short-term capital gains.
You must first use long-term capital losses to offset long-term capital gains.
Once your losses in one category exceed your gains, you can apply the remaining losses to gains in the other category.

If your losses exceed your capital gains for the year, you can use your remaining losses to offset up to $3,000 in personal income this year1 and carry over any unused losses to future years to offset future gains or income.2

Stay tuned: additional articles in this series will continue exploring advanced year-end crypto tax planning opportunities.

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✉️ viktoriya@sandiegotaxhelp.com