What CPAs should know, and ask, about NFTs
An episode of the Journal of Accountancy Podcast podcast, hosted by AICPA & CIMA, titled "What CPAs should know, and ask, about NFTs" was published on April 28, 2022 and runs 16 minutes.
April 28, 2022 ·16m · Journal of Accountancy Podcast
Episode Description
Sean Stein Smith, CPA, CGMA, DBA, is speaking June 7 at AICPA & CIMA ENGAGE on the blockchain ecosystem. Nonfungible tokens (NFTs) are a part of that ecosystem. In this podcast episode, Stein Smith explains what NFTs are and aren't, how baseball cards or other physical items can be "tokenized," and more.
Also, get an update on two recent IRS items, related to estate and gift tax proposed changes and the public input sought on prioritization of tax issues.
Resources
Here are three recent JofA articles about NFTs: