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

🚀 Welcome to a Game-Changing Episode of From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets! 🚀🎙️ Join us as we sit down with the trailblazing Blake Oliver, CPA, who's revolutionizing the world of accounting and Continuing Professional Education (CPE) with his innovative startup, Earmark! 💡🔥 In this electrifying conversation, our host Taylor Zork, CPA and Blake dive into the art of repackaging accounting for MAXIMUM value. Discover how accounting pros can zero in on the numbers that truly matter to people and make a lasting impact! 🎧 But wait, there's more! Earmark is transforming the way CPAs and professionals earn CPE credits. Say goodbye to traditional methods and hello to earning credits by tuning into podcast episodes! 🧠 We'll explore the critical importance of putting the end user front and center, empowering them to be more productive and effective in their roles. 🌎 As we navigate the post-pandemic world, we'll delve into the evolution of CPE and how its delivery has adapted to the new normal. 🌟 And finally, get ready for some lifestyle inspiration! Blake shares tips for fostering a healthier profession and reigniting the cool factor in accounting! 📺 Don't miss this action-packed episode that's sure to leave you inspired and ready to conquer the accounting world! Tune in now!

On this episode of From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets, Taylor Zork invites guest Harry Shurek, owner of The Crypto Accountant, to share how he entered the crypto industry. They discuss the shortage of accountants with specialized knowledge in both cannabis and crypto, as these industries continue to grow. Harry also introduces his accounting firm, which has grown to service high-profile clients with 25 staff members, over half of whom are CPAs. They also discuss the challenges of managing investments in the crypto space and the need for specialized knowledge in the industry. In addition, he shares insights on their involvement in the Metaverse and how NFTs are used to connect with the community. The episode concludes with tips on how to learn about the crypto space, the importance of proper tax reporting, and the increasing demand for accountants with knowledge of both cannabis and crypto.

In this episode, Taylor interviews Jason Meyers, the lead architect for Auditchain, a company pioneering "proof of state" to increase transparency and efficiency in financial reporting for public companies. Jason explains how the Auditchain Protocol differs from other blockchain-based platforms in the finance industry and how it enables real-time financial reporting and auditing for businesses and organizations. He also discusses the specific benefits that the Auditchain Protocol offers to accounting and tax professionals, including increased efficiency and effectiveness in their work. Additionally, Jason shares his insights on the impact of the Auditchain Protocol on the traditional finance and DeFi industries and how it can play a role in their future.

In this episode, Taylor interviews Dr. Sean Stein Smith, an assistant professor at Lehman University and a renowned accounting thought leader. The conversation focuses on the challenges of communicating complex concepts related to the crypto industry to non-specialist audiences, and the key takeaways that Dr. Stein Smith strives to impart in his lectures on crypto accounting.Dr. Stein Smith also shares his insights on the biggest challenges facing the accounting profession in relation to the rapidly evolving crypto industry, and how these challenges can be addressed in the coming years. He also discusses the most important considerations for businesses and organizations when it comes to accounting for crypto assets, and how these considerations differ from traditional accounting for other assets. 

In this second episode of "From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets", Taylor Zork CPA sits down with Sharon Yip CPA, a crypto tax expert and co-founder of Polygon Advisory Group, to explore the unique challenges of accounting for crypto assets for tax purposes.Sharon draws upon her experience as the owner of a tax practice that specializes in the crypto industry, shedding light on common mistakes made by individuals and businesses and highlighting the importance of hiring qualified professionals in the crypto industry.Sharon also provides insights into how she hires and trains her team to ensure they stay up-to-date on the latest developments in both the tax and crypto worlds.Throughout the conversation, listeners gain a better understanding of the complexities of the tax landscape in the crypto industry, as well as the critical role that qualified professionals play in navigating this landscape. Tune in to gain valuable insights from a leading expert in the field.

In the first episode of "From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets," host Taylor Zork sits down with Gil Hildebrand of Gilded (Gilded.Finance). Taylor and Gil delve into the key considerations CFOs should keep in mind when tracking crypto financials. They also discuss Wallet Hygenie, the Gilded Accounting Partner Program, and so much more. Don't miss this enlightening conversation on the cutting edge of tax and accounting for Web3 and digital assets!