Cryptocurrency & Taxes

Dr. Robert Minniti

Minniti CPA LLC

Wednesday, June 09, 2021 | 03:00 PM EDT

  • CPA

2 Credits

$20

Subject Area

Taxes

Webinar Qualifies For

2 CPE credit of Taxes for all CPAs

2 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273)

2 CE credit of Federal Tax for Oregon Tax Preparers

2 CE credit of Federal Tax for Maryland Tax Preparers

2 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )

2 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

understand salt compliance, economic nexus, wayfair case in the new era of e-commerce

(3)

Mar 18, 2021 | 03:00 PM EDT View Details

accounting policies, changes in accounting estimates and errors

(1)

Apr 21, 2021 | 10:30 AM EDT View Details

introduction to excel pivottables

(1)

Apr 21, 2021 | 01:00 PM EDT View Details

critical impact of the secure & cares acts on your clients retirement and estate plans (latest 2021)

Apr 23, 2021 | 02:00 PM EDT View Details

crucial insights & tax strategies on s corporation

(1)

Apr 27, 2021 | 10:00 AM EDT View Details

top 10 things all cpas need to know about irs representation

(117)

Apr 27, 2021 | 01:30 PM EDT View Details

form 1040nr nonresident alien filing challenges and effective approaches

(1)

Apr 30, 2021 | 01:30 PM EDT View Details

comprehensive guide to identity theft with case studies

(3)

May 13, 2021 | 10:00 AM EDT View Details

complete cfo guide on analytics,corporate performance management,budgeting,reporting

May 13, 2021 | 10:00 AM EDT View Details

regulatory deferral accounts (ifrs 14)

May 13, 2021 | 01:00 PM EDT View Details

accounting for liabilities – estimation and valuation

(1)

May 13, 2021 | 01:30 PM EDT View Details

noteworthy salt developments: from wayfair and beyond, revolutionary changes to state tax landscape

(40)

May 13, 2021 | 02:30 PM EDT View Details

qualified business income deduction (qbi/section 199a)

(46)

May 13, 2021 | 02:30 PM EDT View Details

capital gains and other proposed tax changes in the infrastructure bills

May 13, 2021 | 03:00 PM EDT View Details

restaurant revitalization fund and all you need to know

(4)

May 13, 2021 | 03:30 PM EDT View Details

Course Description

This CPE webinar is designed for individuals who would like to obtain a basic understanding of cryptocurrency. The course will cover the history of virtual currencies and explain how they work. We will review some of the legal issues involved with virtual currencies. The course will cover the advantages and disadvantages of using virtual currencies. We will review the IRS rules for tracking and reporting cryptocurrency transactions for tax purposes.

Topics Covered

  • Basic understanding of cryptocurrency
  • History of virtual currencies and explain how they work
  • Review some of the legal issues involved with virtual currencies
  • Advantages and disadvantages of using virtual currencies
  • Review the IRS rules for tracking and reporting cryptocurrency transactions for tax purposes

Who should attend: 

CPAs, CFEs, CMAs, CIAs, CFFs, CVAs, CGMAs, CIAs, CFFs, MAFFs, managers, business owners, investors, and anyone else interested in learning about virtual currencies.


Learning Objectives

  • To define cryptocurrency
  • To describe the first cryptocurrency and when it was created and released
  • To recognize the tax implications of using or investing in cryptocurrency
  • To identify how the IRS defines virtual currency
  • To identify advantages and disadvantages to using cryptocurrency
  • To differentiate correct statements regarding the history of Bitcoin
  • To recognize case studies and how they could apply to your clients
  • To differentiate correct statements with respect to virtual currencies and taxes
  • To identify most commonly used currencies

Who Should Attend?

  • Bookkeepers & Accountants & Tax Preparers
  • Certified Management Accountant
  • Certified Public Accountant
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros