On this week’s episode I have a very interesting and valuable conversation with Thabo Abbate of Arbitus Group. We talked about taxes (yikes!), specifically how the IRS is expecting crypto investors and hodlers to declare income or loss on tax returns. You might be surprised with some of the answers to my questions. Thabo was kind enough to also provide some tips on how to get started with figuring out what, if any, tax liabilities you might have on your crypto holdings.
A bit about Thabo,
Thabo is a CPA and Partner at Arbitus LLC, an Accounting and Advisory firm dedicated to serving cryptocurrency businesses and investors. Thabo specializes in providing accounting services to cryptocurrency focused businesses, tax services to cryptocurrency traders, and education on Blockchain related topics.
Prior to Arbitus Thabo spent over 5 years with PriceWaterhouseCoopers’ Internal Audit, Compliance, & Risk Management Solutions (ICRS) practice. Thabo was a member of PwC’s “Digital Accelerator” group working in Emerging Technology research with a focus on Automation and Blockchain technology. He has many years of experience delivering risk management and audit services to Fortune 500 clients across multiple industries.
Thabo has been actively involved in the crypto community since 2016. Outside of providing accounting services to blockchain focused businesses Thabo has spoken on the topic of cryptocurrency tax, taught courses on cryptocurrency taxation, and authored the official Coin Central cryptocurrency tax guide.
In addition to his accounting and consulting background, Thabo is an avid cryptocurrency enthusiast. He is a blockchain evangelist and active investor in the cryptocurrency space.
You can visit the Arbitus group web site here arbitusgroup.com
Visit our web site laireast.com
Thabo’s upcoming presentation and Workshop on Crypto Tax:
05/21 You owe Taxes on your Bitcoin: Cryptocurrency Taxes explained by a CPA
05/30 Crypto Tax Workshop
06/13 Crypto Tax Workshop
