10: What CPAs Need to Know about NFTs

Non-fungible tokens (NFTs) are coming to the forefront as key player in the digital currency market. But what are the accounting and tax implications? Cryptocurrency expert Joey Ryan, CPA, CFO at TrustSwap and co-founder of Gilded, joins host Dr. Sean Stein Smith, CPA, to discuss what NFTs are, whether they’re here to stay, and the challenges and opportunities they present for CPAs. 

 

Mentioned in the episode:

• Gilded blog – https://blog.gilded.finance/
• AICPA blockchain and distributed ledger articles and resources - https://www.aicpa.org/interestareas/informationtechnology/resources/blockchain.html
• Wall Street Blockchain Alliance - https://www.wsba.co/