Episodes

  • Keeping Your Crypto Safe Against Potential Hacks
    Aug 31 2022

    In this week's episode, Host Abhi Soomaney talks about how investors can save their investments from potential hacks and theft. Let's learn more about Crypto hacks and theft, along with tips on how we can avoid and protect ourselves through this.

    Show Notes:

    •  How to Safeguard your Investment
    •  Two Factor Authentication
    •  Online Wallet Address Hacks
    •  Investment Scam
    •  Funding and Trading Account
    •  Double Spending
    •  Selfish Mining


    Learn more at https://cryptotax.co.in/

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    16 mins
  • Tax Laws in India (TDS & 30% Rate on Crypto Income)
    Aug 24 2022

    In this week's episode, Host Abhi Soomaney talks about the CryptoCurrency Tax Laws in India. Abhi shares what are the taxable events, tax rates, Acid investments, Tax Deducted at Source (TDS) in India and more.


    Story Notes

    • What is Taxable Event
    • TDS in India
    • TDS Transactions
    • Margin Trading and Crypto
    • Who tracks all transactions in Crypto


    Learn more at https://cryptotax.co.in/

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    22 mins
  • Crypto Banks vs.Traditional Banks
    Aug 17 2022

    Watch this week's episode of Unlocking the Decentralized podcast as Host Abhi Soomaney discusses how crypto exchanges like Coinbase and Binance act as competitors to traditional banks. Abhi also highlights the topics of interest rates, exchanges' compliance with the SEC regulations and other reporting, lending rates, and fixed percentages that CB charges banks when making transactions. He also answers the questions about what a crypto bank does and how it makes money, is there fraud protection, and How safe is the investors' money when they deposit or transact using Crypto Bank?


    Story Notes


    • Crypto Bank
    • Will Exchanges Have to Comply With SEC Regulations and Other Reporting’s?
    • Crypto Bank VS Traditional Bank
    • How Safe Is the Investors Money When They Deposit or Transact Using Crypto Bank?
    • Cryptocurrency Interest Rates
    •  What is the Lending rate?
    •  What is the Exchange House
    • Will This Be Like a Global Bank With Multiple Branches Set Up in Various Countries?
    • Advantages of Having a Crypto Bank


    Learn more at https://cryptotax.co.in/

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    18 mins
  • Crypto & Illicit Activities
    Aug 10 2022

    In this week’s episode, Host Abhi Soomaney talks about using cryptocurrency for illicit activities including tax fraud and theft. He also discusses what is the blockchain and the difference between the private and public blockchain.


    Story Notes:

    • What is Blockchain
    • Private and Public Blockchain
    • Illicit activities on Blockchains
    • Transaction Splits
    • What does Anonymous Mean
    • Online Wallets
    • Transferring Tokens to a Wrong Account
    • There's no Dispute on Crypto


    Learn more at https://cryptotax.co.in/

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    23 mins
  • Crypto Tax Audits
    Aug 3 2022

    Watch the full episode of the Unlocking the Decentralized podcast as Host Abhi Soomaney with guest Alex Massarjian, discuss the topics about crypto tax audit process, what are the specific documents required and data investigation. Let's learn more about the crypto tax audit in this episode.

    Story Notes

    • Crypto Tax Audit
    • Best Way to Keep Track of Crypto Transactions
    • Transfer Analysis
    • How Reliable the Data from Audits
    • Data Investigation
    • Crypto Tax Audit Process
    • Specific Documents Required


    Learn more at https://cryptotax.co.in/

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    28 mins
  • Initial Coin Offerings and Its Tax Implications
    Jul 27 2022

    In this week's episode of the Unlocking the Decentralized podcast, Host Abhi Soomaney talks with Alex Massarjian, CPA, about initial coin offerings and their tax implications. They discussed how ICO investments are taxed, LTCG versus STCG when tokens are vested, and What happens when an ICO or a token loses liquidity or market demand.

    Story Notes:

    •  Research Before Investing in an ICO
    •  Tax Deduction
    •  Delisting of cryptocurrency
    •  Coin Offerings and Tax Implications
    •  IPO and ICO
    •  Procedure in ICO
    •  Having a Tax Attorney is a must
    •  Factors to Consider when Investing into ICO Projects
    •  Rug Pool
    •  Minting Tokens


    Learn more at https://cryptotax.co.in/

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    32 mins
  • Crypto Mining and Taxes with Hashtech Labs
    Jul 20 2022

    In this episode of Unlocking the Decentralized podcast, Host Abhi Soomaney with the Hashtech Labs walks us through the Cryptocurrency mining and its tax implications. They discussed and highlighted the topics about the mining revenue tax for both Business & individuals , what’s more profitable among staking, trading, and mining , What is selfish mining and how does a blockchain get hacked.

    Story Notes:

    • Hashtech Labs
    • Mining Revenue Tax
    • Staking, Trading, or Mining?
    • Selfish Mining
    • Blockchain
    • Cryptocurrency Mining
    • Crypto Mining Legal?
    • How Much Does a Mining Rig Cost
    • Managing Accounts with the Mining Rig


    Learn more at https://cryptotax.co.in/

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    33 mins
  • Understanding the Bookkeeping and Tax Side for Businesses Accepting Crypto as Payments
    Jul 13 2022

    In this episode of Unlocking the Decentralized Podcast, Host Abhi Soomaney talks with Alex Massarjian, CPA. They highlight key topics for NFT & taxes,  Business management with Crypto and Crypto Bookkeeping for businesses. They also share tips for the listeners about Crypto Bookkeeping , Receiving Crypto as payments  and more.

    Story Notes:

    • NFT & Taxes
    •  Business Management with Crypto
    •  Crypto Bookkeeping for Businesses
    •  NFTs in the Entertainment Space
    •  What Artist do about Taxes when it comes to Crypto
    • Common Issues in regards to Bookkeeping and Accounting
    • How Journal Entries Works 
    • Recommended Software for Integration
    • Popular Coins to Use as Payment


    Learn more at https://cryptotax.co.in/

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    24 mins