Saving BIG On Your CRYPTO TAXES with Nicholas Slettengren
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 20 August 2024
⏱️ 28 minutes
🧾️ Download transcript
Summary
Nicholas Slettengren is a Digital Marketer by trade and Crypto Entrepreneur by evolution. His new company Count on Sheep is becoming a leader in Crypto Accounting for both B2C and B2B clients. He is joined by Founding Employee and CPA Justin Zanardi.
Top 3 Value Bombs
1. Crypto currencies are not private. It is the world’s first distributed global ledger and everyone has access to it including IRS.
2. When it comes to reporting Crypto taxes first you have to make sure you have all the data in one place and second is that all the data are reconciled by the right professional who can help you get the accurate results.
3. Market moves up and down and typically we are always focused on the moving up. We have to also focus on the moving down. Know how to take a loss against your future gains.
Book a meeting with Nick and Justin for a free consultation - Count On Sheep
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Transcript
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| 0:00.0 | Who's ready to rock today Fire Nation? |
| 0:04.6 | JLD here and welcome to entrepreneurs on fire brought to you by the HubSpot Podcast Network, |
| 0:09.7 | the audio destination for business professionals with great shows like |
| 0:12.8 | created with John Yushai. Today we'll be breaking down how to save big on your |
| 0:17.6 | crypto taxes to drop these value bombs. I are brought to Nicholas sledding-grand |
| 0:21.6 | in the Eofire Studios. |
| 0:23.0 | Nicholas is a digital marketer by trade and crypto entrepreneur by evolution. |
| 0:26.5 | His new company, Count on Sheep, is becoming a leader in crypto accounting for both |
| 0:31.0 | B to C and B to B2B clients. |
| 0:32.6 | He is joined by founding employee in CBA, Justin Zanardi. |
| 0:36.8 | And today for nation will talk about crypto currencies |
| 0:39.6 | if they need to be reported or not. |
| 0:41.6 | We'll tell you about the proper steps to report |
| 0:44.0 | crypto taxes, the mistakes that people make, tax harvesting, cost basis model |
| 0:48.8 | and so much more. And a big thank you for sponsoring today's episode goes to |
| 0:52.4 | Nicholas and |
| 0:53.2 | ours sponsors. The next wave, your chief AI officer, hosted by Matt Wolf and |
| 0:59.0 | Nathan Lands, is brought to you by the HubSpot Podcast Network, the |
| 1:02.3 | audio destination for business professionals. |
| 1:04.4 | Matt Nathan are leading AI creators in your guiding light in the AI and technology frontier. |
| 1:09.4 | AI technology is transforming the way we do business and the media landscape is |
| 1:13.4 | fragmented. The next wave strives to be the leading podcast on AI technology |
... |
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