While most active cryptocurrency traders may receive from their centralized exchange platforms a 1099-DA form, therefore warranting consideration of a tax CPA who understands crypto (such as this one: https://www.youtube.com/watch?v=N8LPxzDtwJI), it is a bit nebulous about the tax implications of a local business which issues and/or receives NFTs which may have some kind of market value. Additionally, the discussion about SocialFi creator coins (or writer coins) along with crypto earned - such as any earned on Steemit or the HIVE blockchain activity using front end apps like Peakd or Ecency - must be factored into the equation.
Also unknown is if a local company issues or receives third-party airdrops from wallet activity or trading activity. The same applies to any rewards from crypto staking (yield) or farming activities. This is a little-discussed topic among local business owners; but as token-gated communities soon work their way into the local and small business methods later in 2026 and into 2027 then there are potential tax implications.
Consult with a knowledgeable tax professional or Certified Public Accountant who is up to date on recent technology in Web3 and crypto. That person may not live locally, so be sure to bring in such a person - even as a consultant - in order to understand what best suits your company's specific uses of spending, trading, receiving, and issuing anything to do with crypto: airdrops, creator coin (token) activity, issuing NFTs, and more.