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Opinion What You Need to Know About Taxes Before You Claim Your Next Airdrop Investors receiving airdrops should be aware of the tax implications of their newly earned tokens to avoid unwelcome surprises from the IRS. By Miles BrooksFeb 24, 2022 Layer 2 How Web 3 Could Change Tax Collection The traditional third-party information reporting system is incompatible in Web 3 because its transactions don’t have a third-party. What comes next? This piece is part of CoinDesk's Tax Week.
Shehan Chandrasekara is a crypto certified public accountant (CPA), who acts as the head of Tax Strategy at CoinTracker.io, a software that helps you comply with crypto and non-fungible token (NFT) taxes. The current Web 2-based U.S. financial system is centered around "accounts" tied to centralized third parties. You start everything by signing up for an account using an email and a password. Accounts are maintained by centralized third parties on your behalf.
Shehan Chandrasekara is a crypto certified public accountant (CPA), who acts as the head of Tax Strategy at CoinTracker.io, a software that helps you comply with crypto and non-fungible token (NFT) taxes. The current Web 2-based U.S. financial system is centered around "accounts" tied to centralized third parties. You start everything by signing up for an account using an email and a password. Accounts are maintained by centralized third parties on your behalf.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
