Shehan Chandrasekera, a CPA and tax strategist at Cointracker, and John Cardone, a tax controversy expert at RSM US LLP, dive into the complex world of crypto taxes for 2021. They discuss the five taxable crypto transactions and how NFTs differ in taxation. The duo explains the importance of accuracy in reporting and the potential changes stemming from new regulations. They also touch on reporting airdrops, staking income, and the evolving landscape of crypto taxation, emphasizing strategies to minimize tax liabilities.
