24 min listen
63. Patrick Camuso CPA: NFT Taxes, Tools and Accounting
63. Patrick Camuso CPA: NFT Taxes, Tools and Accounting
ratings:
Length:
54 minutes
Released:
Jan 13, 2022
Format:
Podcast episode
Description
For those that are overwhelmed, confused and feel as those their heads are spinning when it comes to NFTS.... Thats how I feel when it comes to accounting and taxes. With so much misinformation and in many cases the wild wild west feel of the web 3.0 arena of the metaverse, cryptocurrency, creator coins and NFTs it's no wonder the haters have so much to talk about. For this episode I brought on Patrick Camuso, CPA who was the First CPA Firm To Accept Crypto to break down all things accounting and taxes and I really loved how open he was and his true knowledge of this space. Asked a wide range of questions including: Can we pay our accountant in ETH? Whare the best tools to track our taxes or should we be tracking them ourselves? What is a taxable event in the blockchain world? What should we be factoring in when it comes to airdrops like $GAS, $SOS, and the newest $WTF? What are some things we can do to make our CPAs ' lives easier during tax season? How do DAO's factor into this taxable event and business case? As we like to say on the show DYODR (Do Your Own Damn Research) I will also say Get Your Own Damn CPA but I think you will have an entirely new perspective on what to be thinking about when it comes to taxes and accounting for your crypto portfolio: NFT Project highlight: https://opensea.io/collection/womenrise Tools mentioned on the Podcast: CoinTracker.IO: https://www.cointracker.io/i/9oYphExjbmuy Zerion: https://zerion.io/ This was recorded on Twitter spaces so make sure to follow me on Twitter so you don't miss future live interviews at: https://www.twitter.com/isocialfanz Follow our Guest: Patrick Camuso: https://camusocpa.com/ https://twitter.com/PatrickCamuso
Released:
Jan 13, 2022
Format:
Podcast episode
Titles in the series (100)
8. Who Influences NFT Trends and the NFT Market: On this episode, we are talking trends, best practices and the importance of doing your own damn research! We also breakdown the first 7 mints we did of the 365 we will do leading up to Nov 11, 2022. The first seven can be found at Day 1. ENS Domain:... by NFT 365 Podcast with Fanzo