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Cryptocurrency & Blockchain, General Overview and US Taxation

Shehan Chandrasekera, CPA

JAG CPAs & Co

Tuesday, June 25, 2019 | 01:00 PM EDT

  • CPA

1 Credit

FREE

Subject Area

Specialized Knowledge

Upcoming Webinars

Course Description

Blockchain technology and cryptocurrencies such as bitcoin and ether are two trending topics in the fin-tech world. Yet, few business professionals can grasp the intricacies, opportunities, and challenges posed by this new technology. This session intends to give you an overview of the history of the blockchain technology and cryptocurrencies, characteristics of blockchain, limitations of blockchain and the taxation of common blockchain related transactions. This session should prepare you to take on clients in blockchain related businesses, communicate effectively with them and implement best tax practices.

Learning Objectives

  • Know the history of cryptocurrencies and the blockchain
  • Know how the blockchain technology works, why it is important and how it differes from existing technology
  • Recognize the tax ramifications of crypto transactions
  • Interpret the guidance from the IRS and cryptocurrency taxation
  • Identify applicable Information reporting requirements

Who Should Attend?

  • Enrolled Agent
  • Finance Pros