Arch Lending Launches TaxShield for Bitcoin, Offering Tax Benefits Through IRS §168(k)

Arch Lending has introduced TaxShield, a new service designed to help U.S. Bitcoin holders minimize their tax liabilities while potentially maximizing returns on investments. The service leverages IRS §168(k) to facilitate depreciation of mining equipment purchases. This innovative approach provides Bitcoin investors with significant potential for saving on federal taxes and ensures compliance with the IRS.