Cryptocurrency Taxation: Nuts, Bolts and Tax Law Updates
Description
With over 40% of Americans owning digital assets and a single bitcoin now valued at over $100K, cryptocurrency is no longer a niche subject. But a few tax professionals understand how to help individuals and businesses dealing with digital assets. This session walks you through the tax implications of common cryptocurrency-related transactions and how to successfully service clients dealing in digital assets.
Objectives
- Learn what cryptocurrencies are and their use cases
- Understand how to safely interact with cryptocurrency & NFTs (buying, selling & storing)
- Understand the tax implications of investing in cryptocurrency, running a mining operation, using NFTs, and using cryptocurrency as a payment method
- Recognize challenges in dealing with cryptocurrency-related clients
- Understand the implications of IRS's latest guidance on digital assets
- Apply tax planning opportunities
- Serve clients with cryptocurrency transactions using a tool like CoinTracker.com
Designed For
Managers, business owners, investors, and anyone else interested in learning about virtual currencies
Registration for this course has passed.
Course Pricing
Member Fee
Applicable if you are a HSCPA member in good standing. |
$100.00 |
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Non-Member Fee
Applicable if you are not a HSCPA member. |
$125.00 |
Your Price | $125.00 |
CPE Choice
Learn more about CPE Choice.
This course does not qualify for CPE Choice.