Theft, Scam, and Casualty Losses

Theft, Scam, and Casualty Losses

April 27, 2026 · 26 min · Season 1 · Episode 51

About this episode

In this episode, Matt Foreman discusses the deductibility of theft losses under IRC section 165, including various scams.

In episode 51 of How Tax Works, Matt Foreman discusses theft losses under section1 165 of the IRC, including pig butchering, rug pulls, and Ponzi schemes, discussing whether the losses are deductible and in what amounts How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky: @ho...

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Host: Matthew E. Foreman

Guest: Matt Foreman

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Organizations: Falcon Rappaport & Berkman LLP

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