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Seth Wilks
Video
TaxBit Exec on FTX Collapse, Crypto Taxes
The Financial Times reports FTX held less than $1 billion in liquid assets against $9 billion in liabilities before its bankruptcy filing. TaxBit Government Relations Senior Director Seth Wilks discusses the collapse of FTX and its financial considerations. Wilks also shares his insights into crypto taxes amid IRS scrutiny of the industry.
Video
What to Know When Doing Your Crypto Taxes
Seth Wilks, Taxbit Head of Government Relations & SME, joins “First Mover” to share tips on navigating crypto tax rules following the recent infrastructure bill. Wilks explains how exchanges are now issuing 1099 forms to users, the Virtual Currency Tax Fairness Act, and more.
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