This is a POAP for attending the April 2022 Quorum/Protocols Community Call and providing feedback on our experience survey. Thank you for sharing and being a part of our web3 ecosystem! https://consensys.net/quorum/

This POAP commemorates the online experience of the NFT.LA party hosted by Diamond Supply Co + WarpSound for WVRPS Holders + VVS1 Gang on 3/30/22 at the DSC Flagship on Fairfax Blvd.

Artists around the world are turning to NFTs and blockchain technology to make a living selling their art, with that, many NFT artists are curious to know how to report their sales on their taxes. Thankfully, we had the chance to sit down with Alex, who’s an NFT CPA to discuss this exact topic. As an NFT artist, all NFTs that you create and then sell are taxed as ordinary income. Just like creating and selling a piece of art in the real world, NFT art isn’t taxed much differently. Additionally, NFT artists are eligible to receive various tax deductions for their supplies, events, and even certain gas fees. To learn more about how NFTs are taxed and what’s considered deductible, check out the full article linked below! Twitter @TheNFTCPA @137pm

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