What is a Non-Fungible Token or NFT and what are the IRS and California tax issues associated with Non-Fungible Tokens or NFTs which might apply to you? NFTs are unique tokens based in and recorded within a blockchain that are essentially like artwork or one-of-a-kind media tokens or other form...
ABCast Episode 13 – Cryptocurrency and NFT Services
In the ABCast Episode 13 - Cryptocurrency and NFT Services Jan discusses the impact of onshore and offshore ownership of cryptocurrency and Non-Fungible Tokens or NFTs from a tax and accounting perspective. What are some of the common misconceptions US citizens tend to believe regarding IRS compliance, tax reporting and...