copyright has made millionaires overnight—but many are blindsided for the inevitable reality: the taxman’s bite.
Enter Joseph Plazo, a leading authority in copyright taxation, a staggering percentage of copyright holders overpay the IRS. And the worst part? It’s preventable.
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“Tax law isn’t the enemy—it’s a toolkit. If you know where to look,” says Plazo.
Here are his top strategies for keeping more of your copyright profits:
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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 says this separates impulsive traders from wealth builders.
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???? **2. Harvesting Losses, Strategically**
Still holding onto those 90% drawdowns? Don’t panic—strategic selling lets you balance your tax liability. According to Plazo, “Even red portfolios have gold in them—if you know tax law.”
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???? **3. Relocate or Re-Structure**
copyright tax rates can vary wildly by jurisdiction. Joseph Plazo points to the UAE 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 access business tax benefits.
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???? **5. Document Everything**
Poor records are IRS bait. Plazo insists on having a tax journal for every move. “What you track, you can defend. And read more what you can defend, you can keep.”
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???? **The Joseph Plazo Mindset**
“We’re not dodging taxes—we’re playing by the rules, better,” says Plazo. His approach is bold but 100% legal—and it’s saving clients millions annually.
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**Final Word**
copyright may be decentralized—but taxes aren’t. If you’re investing serious capital, you need a legal shield, not just a wallet.
Want to protect your copyright profits? The system he built might just be how the smart money stays rich.