Arch Introduces TaxShield: Maximizing Bitcoin Deductions for High-Net-Worth Investors

Arch’s new service, TaxShield, utilizes IRS §168(k) to help high-income Bitcoin holders maximize their tax deductions. This innovative platform offers a potential savings of up to $400,000 in taxes, while allowing continued mining activities. Arch partnered with Blockware and financial expert Mark Moss to launch this service, which targets investors seeking significant tax advantages for Bitcoin investments. TaxShield provides full deduction of mining equipment costs in the first year, offering a novel approach to managing tax liabilities associated with Bitcoin holdings.