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NFT taxes, simplified

It’s everyone’s favorite time of year again. Tax season. And with NFTs involved, you could find yourself with a never ending list of questions.

March 9, 2023

Your guide to NFTs and taxes

In the spotlight

NFT taxes, simplified 

It’s everyone’s favorite time of year again. 

Tax season

And with NFTs involved, you could find yourself with a never ending list of questions like: “How do you file taxes for NFTs?” or “Do you even need to file for NFTs?” 

The short answer is, yes. But the long answer? Well, the latest article in our web3 101 series covers exactly that.

Learn about:

  • Tax implications of owning and selling NFTs
  • Capital gains tax and how it applies to NFTs
  • Tax reporting requirements for NFT transactions
  • And much more

Read more

The bulletin board

The future of loyalty programs

NFTs and their infinite use cases continue to disrupt industries. 

One use case that is quickly taking center stage is the advent of NFT loyalty programs

But why is it gaining so much momentum? 

Creating a loyalty program that stands out is challenging when over 90% of companies already have one.

So how can NFT loyalty programs shine against the rest?

✅ Interactive challenges

✅ Dedicated communities

✅ Redemption flexibility

✅ New revenue streams

Dive into this growing application in our latest blog

Trivia Thursdays: Test your web3 knowledge

Put your web3 knowledge to the test with this week's Trivia Thursday.

How can web3 and NFTs help empower companies to engage their communities?

  1. They grant exclusive access and bolster connections for community members 
  2. They incentivize community members to participate in an enclosed ecosystem 
  3. They can be used to reward the most active and dedicated voices with exclusive NFTs
  4. All of the above

Check out the answer at the bottom of this email and get ready for next week by reading up on the latest from RECUR.


Your three-bullet summary of happenings from RECUR

Around web3

GDC Ticket Giveaway 

In a few short weeks, members of the RECUR team will be live on the ground at the Game Developers Conference. 

And now you have a chance to join us! 

Starting today, you can enter to be eligible for the chance to receive a free Expo Pass to GDC. 

Here’s how you enter:

  1. Subscribe to The RECURring Times (✅)
  2. Read this edition (✅)
  3. Fill out this form and submit

Winners will be randomly selected from those eligible. Terms and conditions apply

Feature of the week

Yam Karkai, World of Women

Yesterday the world rang in International Women’s Day. 💜 💚 🤍

And what better way to celebrate the moment than to spotlight a fearless leader and artist whose vision is to create a beautiful, diverse, empowering collection and thriving community: Yam Karkai

Yam is the co-founder and artist behind World of Women and her art focuses on bringing women into the spotlight. 👏

For those of you who haven’t heard of or seen this killer collection, her art combines vivid, harmonious colors with playful delicate lines and a touch of fantasy. And her mission has always been to highlight and empower women by making them the center of her pieces. 

Yam and the rest of the World of Women team are passionate about the NFT space and strongly believe that it is our future. 

Wags from RE(P)URrrrr

Featuring the furry friends of RECUR employees.

Trivia Answer:

D. All of the above

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