In this episode, Mark Eckerle sits down with Ryan Babiak, a Tax Partner at Withum, to delve into the taxation of cryptocurrency. The discussion covers a wide array of topics, from the reporting of basic transactions on IRS forms 1040 or 1120 and what triggers a taxable event, to the nuances surrounding staking and non-fungible tokens (NFTs), as well as offering insight on the various tax rate components.