NFTs and US taxes: What it is best to know

Looks as if we now all have tales beginning with, “What I did in the course of the pandemic…” Most start with cleansing out the closet and, hey, guess what? That’s the place my story begins, however I guess you’ll be able to’t guess the place it ends!

Let’s begin with what I discovered in that closet: household photographs earlier than the times of digital. I do know — recollections of boring journeys with the children and individuals who I both owe cash to or who don’t discuss to me anymore!

Sam Handwerger is a full-time lecturer of accounting, tax and fraud matters on the Smith Faculty of Enterprise on the College of Maryland, Faculty Park. He’s a practising CPA with the Maryland-based CPA agency Handwerger, Cardegna, Funkhouser & Lurman, the place he makes a speciality of numerous areas of taxation. Beforehand, Sam was a senior tax researcher with Ernst & Younger in New York Metropolis and later led the tax planning and preparation departments of Handwerger, Cardegna, Funkhouser & Lurman. Earlier than becoming a member of the Smith Faculty on a full-time foundation, Handwerger held adjunct positions on the Johns Hopkins College Faculty of Enterprise and the College of Baltimore Regulation Faculty.