Simply Tax

What's An NFT? #153


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Guests Nik Fahrer and Tom Haldiman return to the podcast to follow up on and take a deeper dive into nonfungible tokens (NFTs) with host Damien Martin. Here's what they discuss:

  • Who are Nik and Tom? @01:15
  • What's the significance of digital assets and where are we going with all of this? @04:48
  • Core NFT concepts and a real-world example from Beepol @14:32
  • Use cases for NFTs @29:09
  • Tax considerations of holding NFTs for appreciation @42:27
  • Estate and planning considerations @47:32
  • Buyer beware @49:22
  • Closing thoughts from Nik and Tom @53:02
  • An update on the digital asset space @54:16

Learn more about Nik and Tom and get additional resources with the show notes to this episode comming soon here.

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We're excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel.

A complete archive of our episodes is available on our website and YouTube playlist.

We'd love to hear from you! Email feedback and questions to [email protected].

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Simply TaxBy Damien R. Martin, CPA

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