From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets

In this episode of "From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets," host Taylor Zork, CPA, is joined by Ben Roy, CEO and founder of Noves. They discuss how Noves is simplifying blockchain data and making it more accessible. Ben shares his journey in the crypto space and explains the challenges of working with on-chain data. They delve into how on-chain tools are being designed and adopted, and the potential trends in the upcoming bull market. They also explore the challenges faced by crypto CFOs and the roadmap for Noves, including new functionalities for their tools. This insightful conversation offers a deeper understanding of the complexities and innovations within the crypto and blockchain space.Visit https://cryptocfos.com/ to kickstart your career in Web3 Tax & Accounting.Visit https://www.noves.fi/ to learn more about Noves#DigitalAssets #CryptoAccounting #Blockchain #Tax #NFTs #DeFi #Regulations #FinTech #Accounting #Noves #CryptoPodcast #FromNicheToNecessity #BenRoy

In this dynamic episode of "From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets," host Taylor Zork, CPA, takes listeners on an enlightening journey into the complex realm of crypto accounting and digital asset management. Joining Taylor is Nik ‘Crypto Nik’ Fahrer, a leading authority in digital assets at Forvis.Nik unravels the intricate challenges that accountants face in this fast-paced sector, from the haze of regulatory uncertainties to the distinctive hurdles of DeFi and NFTs. His extensive experience offers a wealth of insights, making this episode a must-listen for anyone navigating the crypto accounting world.This episode is not just about understanding the technicalities; it's also about dispelling myths surrounding digital assets. Nik shares unique anecdotes from his career, offering invaluable insights for accountants, finance professionals, and anyone at the intersection of crypto and accounting.Tune in to transform your understanding from niche to necessity and arm yourself with the knowledge to thrive in the crypto tax landscape.#DigitalAssets #CryptoAccounting #Blockchain #Tax #NFTs #DeFi #Regulations #FinTech #Accounting #Forvis #CryptoPodcast #FromNicheToNecessity

In this insightful episode, host Taylor Zork, CPA, is joined by the ever-inspiring Amber Welch, co-founder of Finsuite Consulting and trailblazer in the Web3 community. Amber unearths a treasure trove of knowledge, combining her expertise in computer science and accounting to illuminate the transformation of the finance sector through Web3 and digital assets.As we navigate the intricate pathways toward integrating blockchain technology into mainstream finance and accounting, Amber's pioneering work at Finsuite and her empowering podcast, HackHERZ, are at the forefront of shaping an inclusive and innovative future.Tune in to absorb Amber's invaluable advice for professionals venturing into Web3, her commitment to diversity in the industry, and the remarkable way Finsuite Consulting is simplifying complexities for businesses at the intersection of Web2 and Web3.Don't miss out as Amber Welch decodes the future of finance and sheds light on how digital assets are becoming less of a niche and more of a necessity. It's a paradigm shift you'll want to understand!#Web3 #DigitalAssets #CryptoCFOs #Finance #Accounting #Blockchain #DiversityInTech #Finsuite #HackersPodcast #Tax #CPA #FinancialServices

In this captivating episode, we dive deep into the intricate world of crypto compliance and investigations. Our special guest, Lourdes C. Miranda, CAMS, CCFI, CEIC, CFE, CRC, CTCE, FIS, PI, Chief Compliance Officer, and Chief Consultant at Fintech Advisory Group, shares her extensive experience in the crypto realm, dating back to 2017.🌐 Key Highlights of the Episode:Evolving Landscape of Cryptocurrency: Discover the significance of staying informed and compliant in the ever-changing global cryptocurrency landscape.Insider Knowledge & Tech Tools: Lourdes discusses the essential tech tools and her role in ensuring compliance across multiple platforms.Global Jurisdiction & Challenges: Understand the complexities of global jurisdiction and the critical need for continuous certification and education in the crypto world.Preventing Illicit Activities: Learn Lourdes's unique approach to thinking like bad actors, aiding in the prevention of illicit activities.Collaboration and Regulation: Explore her collaborative methods to stay updated with industry developments and new regulations, ensuring thorough compliance and due diligence."Understanding Compliance in Fintech: As a chief compliance officer, I always remind our clients that we're not the enemy. Compliance is there to protect your company from bad actors, protect your company's reputation, preventing your company, from becoming the first page of The New York Times, the front pages of The Washington Post, and prevent them from being the next, FTX, Bitzlato or ChipMixer." - Lourdes Miranda💡 This episode is a treasure trove of unique insights and valuable lessons for anyone interested in or currently navigating the crypto space. Whether you're a seasoned expert or just starting out, there's something in this discussion for everyone!🔗 Tune in now and join us in expanding your understanding of compliance, investigations, and collaboration in the fast-paced world of cryptocurrency. Don't miss out on this opportunity to learn from one of the pioneers in the field!#CryptoCFOs #CryptoCompliance #Web3 #DigitalAssets #Cryptocurrency #Podcast #FinancePodcast

On this episode of "From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets" we feature Rustin Cavel and Daniel Durning the founders of COAST, a beneficiary service that uses smart contracts to help pass on your digital assets to loved ones.Here are 3 key takeaways from the discussion:1 Coast aims to bridge the gap between traditional finance and decentralized finance by offering beneficiary services for digital assets. Just like in traditional finance, where you can name beneficiaries for your bank accounts or 401(k), Coast allows you to designate beneficiaries for your digital assets held in wallets.2 The Coast platform simplifies the onboarding process for new users by making it as familiar and user-friendly as possible. Through the use of phone numbers and email addresses, beneficiaries can easily receive assets and be named as beneficiaries, even if they are not yet familiar with the world of crypto.3 Security is a top priority for Coast. While custody of the assets remains with the user, the system employs smart contracts to ensure the protection and transfer of assets to beneficiaries in the event of inactivity or unfortunate circumstances. The team is meticulous in conducting security audits and ensuring the utmost safety for users.Check out the full episode to learn more about Coast and how it is revolutionizing the digital asset space!https://cryptocfos.transistor.fm/Visit: www.cryptocfos.com#Podcast #DigitalAssets #Crypto #Web3 #BeneficiaryServices #Coast

🎙️ New Podcast Episode Alert! 🎙️In this episode of "Niche to Necessity," join Taylor Zork, CPA, and special guest William Grant as they explore the world of crypto accounting and finance. 📈💰🎧 In this episode, we take a deep dive into the challenges and opportunities in the Web3 space. We discussed how Integral is empowering Web3 organizations in crypto accounting, revenue recognition, NFT collection management, capital gain loss calculations, audit, compliance reports, and more! 📈🔑 Key Takeaways from the episode:1️⃣ The importance of solid financial back offices and reporting in the crypto industry.2️⃣ The fundamental challenges faced by CFOs and financial operators in the crypto space.3️⃣ The need for a single source of truth and a consolidated tool to handle accounting, tax, and financial operations in the crypto industry.#podcast #accounting #cryptoaccounting #web3 #digitalassets #finance #tax #revenuerecognition #NFTs #capitalgainloss #audit #compliance #financialbackoffice #singleuserinterface #consolidatedtool #Integral #FromNichtoNecessityDon't miss this enlightening conversation! Tune in to learn how to navigate the ever-evolving world of accounting for crypto assets!https://cryptocfos.transistor.fm/Visit: www.cryptocfos.comVisit: www.integral.xyz

🎙️ New Podcast Episode Alert! 🎙️In this episode of "Niche to Necessity," join Taylor Zork, CPA, and special guest Anton Golub as they explore the world of crypto accounting and finance. 📈💰Discussion Highlights:- Anton's journey from traditional finance to the blockchain industry. 🚀- The significance of liquidity, market making, and market microstructure in the crypto landscape. 💧💹- How these factors impact accounting, tax compliance, and financial reporting. 📊💼- The evolving regulatory landscape for crypto businesses and its influence on accounting and tax considerations. 📚🧾- The need for clear regulations tailored to the crypto industry to ensure operational efficiency and compliance. ⚖️💡- Introducing Swiss Asset Dow: Enabling legal certainty and operational frameworks for decentralized autonomous organizations (DAOs). 🏛️💡Key Takeaways:- The importance of understanding liquidity and its impact on business operations. 💧- The challenges and opportunities presented by market making in the crypto industry. 📈- Navigating the complex regulatory landscape and its implications for accounting and tax compliance. 📚💼⚖️- The future of decentralized organizations and the role of legal frameworks in enabling their growth. 🌐🏛️Don't miss out on this insightful discussion! Tune in to the latest episode of "Niche to Necessity" to gain valuable insights into the evolving world of crypto accounting and finance. 🎧🔍💡Don't miss this enlightening conversation! Tune in to learn how to navigate the ever-evolving world of accounting for crypto assets!https://cryptocfos.transistor.fm/Visit: www.cryptocfos.com#CryptoAccounting #Finance #Blockchain #Cryptocurrency #DAOs #RegulatoryLandscape #MarketMaking #Liquidity #TaxCompliance #NicheToNecessity #PodcastEpisode #CryptoIndustry

🎙️ New Podcast Episode Alert! 🎙️Join us in the latest episode of "From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets," presented by CryptoCFOs. This time, Taylor Zork, CPA/MBA has a fascinating conversation with Sukesh Tedla, the CEO, and Founder of Kryptoskatt.In this informative discussion, Tedla unravels the intricacies of DeFi, NFT market, and crypto taxation, sharing crucial advice to help you understand and manage digital assets better.Key takeaways from the episode:🔹 Navigating the Challenges in DeFi and NFT Market: Understand the complexities of a crowded market, and learn how to handle issues with balances, token prices, and calculations.🔹 Sukesh Tedla's Unique Platform: Discover Kryptoskatt's commitment to user experience, featuring automatic wallet detection for multiple EVM chains, expansive DeFi and NFT dashboards, and support for multiple jurisdictions.🔹 Crypto Ambitions and Expansion: Gain insights into Kryptoskatt's ambitious expansion plans and their mission to support accountants in various jurisdictions, with a toolset for all types of users.🔹 Importance of Managing Crypto Taxes: Learn about the significance of being proactive with your crypto taxes, the need for efficient tools to assist in this process, and the implications of non-compliance with tax regulations.This episode is a treasure trove of knowledge for anyone invested in the digital assets space. Tune in to enhance your understanding of crypto taxation and gain a firm grasp on managing your crypto assets!Visit www.cryptocfos.com to join the community!

🎙️ New Podcast Episode Alert! 🎙️We're excited to share the latest episode of "From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets," presented by CryptoCFOs where we dive into the complex world of crypto accounting.In this episode, Taylor Zork, CPA/MBA is joined by Antoine Scalia, founder, and CEO of Cryptio, who shares valuable insights on navigating the challenges of accounting in the digital assets industry.Key takeaways from the episode:🔹 Education is Key: Gain hands-on experience and deepen your understanding of DeFi protocols to manage crypto-assets effectively.🔹 Importance of Internal Controls: Ensure accuracy and completeness of data with internal controls, especially for businesses being audited.🔹 Tailored Solutions: Different markets have unique needs—startups may seek all-in-one solutions, while larger organizations require sophisticated data platforms.🔹 Collaboration is Crucial: Work with regulators, accounting partners, and experts to add value and mitigate risk.Don't miss this enlightening conversation! Tune in to learn how to navigate the ever-evolving world of accounting for crypto assets!#CryptoCFOs #CryptoAccounting #Web3 #DigitalAssets #DeFi #Tax #Accounting #Podcast #Cryptio

🚀 Welcome to the Latest Episode of From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets! 🚀🎙️ We're thrilled to have a very special guest joining us from the United Kingdom, the incredible Joe David! Joe is the founder and CEO of both Nephos Group and Myna, companies that are making waves in the tech startup and cryptocurrency space by providing top-notch accounting and financial services. 🌊💼🔥 In this captivating conversation, Joe shares his extensive knowledge about the world of cryptocurrency and accounting. We'll cover a range of hot topics, including the critical importance of research in the crypto space, and the challenges of hiring and educating in this rapidly evolving industry. 📚🔍🎧 But that's not all! Joe also takes us on his personal journey into the world of cryptocurrency, revealing how he initially got involved by luck rather than judgment, and how he has since built a highly successful career in this field. 🌟📈🧠 Throughout the episode, Joe provides actionable insights and practical advice on how to navigate the complex world of cryptocurrency with greater confidence and understanding. Whether you're a crypto enthusiast, a business owner, or a finance professional, this episode is sure to provide valuable insights and information. 💡🧩🌎 So tune in now and join us as we explore the fascinating intersection of crypto and accounting at the cutting edge of the digital revolution! 🎉📺 Don't miss this information-packed episode that's sure to leave you inspired and ready to conquer the crypto world! Tune in now! 🎊