Adam Knihtila: The 101 on Paying Taxes on Sales of NFTs and Crypto

The CFO of Crypto is here to discuss paying taxes on cryptocurrency and NFT sales! Adam Knihtila is a Fractional CFO that Translates Finances into English. He has experience working with many industries but his talents and passions lie in helping creative business owners Make More Money! He will find $100K in additional annual revenue for any business in 45 minutes.

We covered why NFTs are a taxable event. Are NFT's an asset? Terminology that still means you need to pay your taxes on the sale of your crypto.  Places to put your capital gains to defer taxes. 

If you love this episode: listen to this powerhouse:

https://culturefactor.simplecast.com/episodes/ted-rivera-blockchain-in-hollywood-is-utility-the-game

#nft #cryptocurrency #culture factor #zerotopodcast #queenofpodcasts #bitcoin #blockchain #smartcontracts

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Adam's article on NFT and Crypto Taxes

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Music by Paco Hallak