Welcome to Citrin Cooperman's Taxes in Ten podcast. Each episode will be around 10 minutes long and feature our Tax Practice Leader, Joe Bublé, interviewing different subject matter professionals on a variety of tax subjects.

In this episode of Taxes in Ten, Joe Bublé is joined by Citrin Cooperman Tax Manager Peter Goodrich from our New York City office to discuss the decentralized finance (DeFi) component of the cryptocurrency and blockchain industry and the related potential tax implications. DeFi is a nascent but rapidly growing market and navigating the current IRS guidelines surrounding this subject matter can be unclear.