Onchain Media Ep #026 | Crypto Taxes with Count On Sheep | Hosted by Rachel Onchain

About this episode

Rachel Onchain interviews Nick Bjorn Slettengren about crypto taxes and the services offered by Count on Sheep.

In this episode of the Onchain Media podcast, our host Rachel Onchain welcomes Nick Bjorn Slettengren, the founder of Count on Sheep, a crypto tax service. They discuss Nick's journey into the crypto world, the importance of accurate tax reporting, and the new IRS 1099 DA form. The conversation highlights the significance of digital asset reconciliation and tax loss harvesting as strategies to optimize tax liabilities. Nick shares insights on how Count on Sheep can help individuals and businesses navigate the complexities of crypto taxes, emphasizing the need for early preparation and professional assistance.────────────────────────────────────────────🧠 Key Takeaways Count on Sheep was born out of a personal need for crypto tax solutions. Nick's journey into crypto began with a significant investment and a need for better tax management. The 1099 DA is a new IRS form that requires accurate reporting of crypto transactions. Digital asset reconciliation is crucial for accurate tax reporting and avoiding double taxation. Count on Sheep offers a unique service that combines software with professional oversight for crypto taxes. Tax loss harvesting can be a strategy to offset gains…

People in this episode

Host: Rachel Onchain

Guest: Nick Bjorn Slettengren

Topics covered

• crypto taxes
• tax reporting
• digital asset reconciliation
• tax loss harvesting
• IRS 1099 DA form

Keywords

• crypto taxes
• tax reporting
• IRS 1099 DA
• digital asset reconciliation
• tax loss harvesting
• Count on Sheep

Mentioned in this episode

Organizations: Count on Sheep, IRS

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