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# 74: Token Compensation & Tax Compliance, with Dominika Stobiecka from Toku on

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Manage episode 443645659 series 3394208
Content provided by Umar Mallam Hassam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Umar Mallam Hassam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Many projects in web3 label themselves as payroll products when they’re payment products.

If you’re looking for a crypto payroll provider,  an important prerequisite should be that they know how to handle the following;

  • Calculate tax withholdings,
  • Run social security deductions,
  • File taxes for employees

Platforms like Deel, Oyster, or Remote.com allow you to have access to a global pool of talent. But, they were built for fiat, not crypto.

On Episode 74, Dominika Stobiecka, CEO and Co-Founder of Toku helps us to learn about token-based compensation and tax compliance.

Toku is an all-in-one crypto-native solution that helps you manage employment, stablecoins, native token payroll, and token grant administration for your international team in +100 countries.

OUR RESOURCES

✨Become a confident Web3 Accountant with our weekly free newsletter: ⁠https://www.theaccountantquits.com/newsletter⁠

🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto h⁠ttps://www.theaccountantquits.com/crypto-accounting-academy⁠

✊ Follow The Accountant Quits on Socials

👉 LinkedIN: ⁠linkedin.com/company/the-accountant-quits⁠

👉 Twitter(X): ⁠https://x.com/accountantquits⁠

👉 YouTube: ⁠https://www.youtube.com/@theaccountantquits⁠

🎙️ Follow Episode Guest

Linkedin: https://www.linkedin.com/in/dom-stobiecka/

X : https://x.com/dmnkstbck

Topics Covered:

(0:00) Episode Intro

(2:24) Dominika’s background

(4:30) When should web3 projects have a token?

(7:30) Crypto compensation trends

(11:38) Setting up token compensation

(14:02) Choosing the right token compensation instruments - RTUs, RTAs

(17:00) Thanks to our sponsor Harris & Trotter

(19:04) Download the Token Compensation Primer

(19:37) Understanding EOR And PEO services

(23:02) Hiring an employee v/s a contractor

(25:27) EORs - why crypto expertise matters

(29:44) Thanks to our sponsor Web3 Finance Club

(31:27) Social security deductions

(33:41) Overview of Toku

(36:30) Monthly payroll process with Toku

(39:43) Toku’s marketing approach

(44:36) Developments for crypto adoption

(46:12) Closing thoughts

(47:22) Dominika's Amelia Earhart Maxim

(49:38) How to contact the Toku Team

  continue reading

88 episodes

Artwork
iconShare
 
Manage episode 443645659 series 3394208
Content provided by Umar Mallam Hassam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Umar Mallam Hassam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Many projects in web3 label themselves as payroll products when they’re payment products.

If you’re looking for a crypto payroll provider,  an important prerequisite should be that they know how to handle the following;

  • Calculate tax withholdings,
  • Run social security deductions,
  • File taxes for employees

Platforms like Deel, Oyster, or Remote.com allow you to have access to a global pool of talent. But, they were built for fiat, not crypto.

On Episode 74, Dominika Stobiecka, CEO and Co-Founder of Toku helps us to learn about token-based compensation and tax compliance.

Toku is an all-in-one crypto-native solution that helps you manage employment, stablecoins, native token payroll, and token grant administration for your international team in +100 countries.

OUR RESOURCES

✨Become a confident Web3 Accountant with our weekly free newsletter: ⁠https://www.theaccountantquits.com/newsletter⁠

🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto h⁠ttps://www.theaccountantquits.com/crypto-accounting-academy⁠

✊ Follow The Accountant Quits on Socials

👉 LinkedIN: ⁠linkedin.com/company/the-accountant-quits⁠

👉 Twitter(X): ⁠https://x.com/accountantquits⁠

👉 YouTube: ⁠https://www.youtube.com/@theaccountantquits⁠

🎙️ Follow Episode Guest

Linkedin: https://www.linkedin.com/in/dom-stobiecka/

X : https://x.com/dmnkstbck

Topics Covered:

(0:00) Episode Intro

(2:24) Dominika’s background

(4:30) When should web3 projects have a token?

(7:30) Crypto compensation trends

(11:38) Setting up token compensation

(14:02) Choosing the right token compensation instruments - RTUs, RTAs

(17:00) Thanks to our sponsor Harris & Trotter

(19:04) Download the Token Compensation Primer

(19:37) Understanding EOR And PEO services

(23:02) Hiring an employee v/s a contractor

(25:27) EORs - why crypto expertise matters

(29:44) Thanks to our sponsor Web3 Finance Club

(31:27) Social security deductions

(33:41) Overview of Toku

(36:30) Monthly payroll process with Toku

(39:43) Toku’s marketing approach

(44:36) Developments for crypto adoption

(46:12) Closing thoughts

(47:22) Dominika's Amelia Earhart Maxim

(49:38) How to contact the Toku Team

  continue reading

88 episodes

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