284: How to navigate Crypto taxes with Micah Fraim

<p>Though starting his career in a corporate setting (and hating it!), Micah struck out on his own and founded his CPA firm in 2013. Micah loves crypto and is involved in it daily – both as an investor and an accountant. &nbsp;But he quickly realized that nobody understands how the taxes work.&nbsp;</p> <p><br></p> <p>Since then he's spent the majority of his time helping clients navigate the Wild West of crypto taxes.</p> <p><br></p> <p>*DISCLAIMER - We are not giving any financial advice. Please DYOR*</p> <p><br></p> <p><br></p> <p><strong>(00:00 - 02:54) Opening Segment</strong></p> <p>- Micah is being introduced as the guest Host</p> <p>- Micah shares something interesting about himself</p> <p><br></p> <p><strong>(02:54 - 32:21) How to navigate Crypto taxes</strong></p> <p>- How Are Crypto Trades Taxed?</p> <p>- How Are NFTs Taxed?</p> <p>- How Do I Track Crypto Activity?</p> <p>- Are Crypto P2E (Play-To-Earn) Gaming Rewards Taxable?</p> <p>- Does Crypto Qualify for 1031 Exchanges?</p> <p>- Is Paying With a Crypto Debit Card or Crypto Credit Card</p> <p>Taxable?</p> <p><br></p> <p><strong>(32:21 - 36:44) Fire Round</strong></p> <p>- Micah shares his investment strategy</p> <p>- He also shares his favorite Finance, real estate book, or any related book</p> <p>- He shares about the website and tools that he can recommend</p> <p>- Micah's advice to beginner investors</p> <p>-Also he shares how he gives back</p> <p><br></p> <p><strong>(36:44 - 37:30) Closing Segment</strong></p> <p>-If you want to learn more about the discussion, you can watch the podcast on<a href="https://youtu.be/UqE-BmIn4Os"> Wealth Matter’s YouTube channel </a>and you can reach out to Alpesh using this <a href="https://wealthmatrs.com/contact/">link</a>.</p> <p><br></p> <p><br></p> <p>Check us out at:</p> <p>Facebook: <a href="https://www.facebook.com/wealthmatrs/">@wealthmatrs</a></p> <p><a href="https://www.instagram.com/wealthmatters.ig/">IG: @wealthmatrs.ig</a></p> <p><a href="https://www.tiktok.com/@wealthmaters">Tiktok: @wealthmatrs</a