ZenLedger | Web37 Daily 024
2022-03-11
The Global Leader in Crypto Accounting and Taxes. Simplifying DeFi, NFT, and Crypto Taxes for Investors and Tax Professionals. Thank you for tuning in to our Twitter Space with @ZenLedgerIO about their story of getting started, evolving over time, and goals for the future. Twitter @ZenLedgerIO @137pm
Taxes for Artists | Web37 Daily 020
2022-03-01
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
Zeneca is a full-time NFT trader and investor. Before pursuing NFTs, Zeneca was a professional poker player for nearly 15 years. Now he is one of the most respected individuals in the NFT space and has fostered a community of more than 230k followers on Twitter in less than a year. In the past year, Zeneca has bought, sold, and flipped numerous NFTs. This has led him to research hundreds of NFT projects, talk to thousands of people, and create a plethora of content. Ultimately, his experiences have led him to have strong convictions in the NFT space. Zeneca says that the NFT space is so new, and we are all so new to it, that none of us are truly experts, rather, we are all students. Hence why he decided to create the ZenAcademy. His aim with ZenAcademy isn't to create a place where one person is going to post “alpha calls” and they all FOMO into projects. Zeneca desires to create a community that can all help one another by learning together. Learn more about Zeneca and the ZenAcademy at Zenacademy.io. 🌹 Twitter @Zeneca_33 @jon_torrey @137pm