Tech Intersect™ with Prof Tonya M. Evans

Tech Intersect #66: Charles "CJ the Smart Guy" Kelly-Crunching the Numbers for Tax Time with a Crypto CPA

April 27, 2021 Tonya M. Evans
Tech Intersect™ with Prof Tonya M. Evans
Tech Intersect #66: Charles "CJ the Smart Guy" Kelly-Crunching the Numbers for Tax Time with a Crypto CPA
Show Notes Chapter Markers

In this episode of Tech Intersect, I welcome crypto tax guru Charles J. Kelly, also known as, “CJ the Smart Guy”, to the show. He is a Certified Public Accountant (CPA) who graduated from Texas Southern University with both a B.B.A in Finance and Accounting, and upon graduating, he took a position with the Burlington Northern Santa Fe Railway where he held the position of Financial/Budget Analyst. He is also the host of the Pivoting Your Business podcast, focused on financial empowerment, unique perspectives, and interviews with like-minded people. And his focus assisting clients in improving their income and quality of life, through his financial guidance, leadership and advice. We talk about how and when crypto transactions are taxed, what to expect with the 2020 Form 1040, best practices for tracking transactions and penalties for false information and underreporting. This is a must-listen and share.

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Episode Intro
Guest Intro
How Are You Doing?
Is Cryptocurrency Taxable?
Capital Assets v. Income
New Question on 1040 Tax Form
Advantage Evans Promo
(Cont.) New Question on 1040 Tax Form
BTC as Income is Taxed How?
Air Drops?
Penalties
Best Practices to Track Crypto Transactions
NFTs & Tax
Contact Info
Episode Wrap-Up