CPE Packages (Incl. Ethics) for Multiple States and Qualifications Available. Price $4/credit - CLICK HERE to view.

Taxes On Cryptocurrency & Digital Assets With Latest IRS Guidance

4.3 (16)

Jason Dinesen, EA, LPA

Dinesen Tax & Accounting, P.C.

  • AFSP
  • CFP
  • CFEs
  • CPA
  • CVA
  • EA
  • Tax Preparer
  • CPA/PFS
  • CTEC

Published: May, 2021

1 Credit

$10

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax Update for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-U-00234-20-S)

1 CE credit of Federal Tax Law Update for California Tax Professionals (CTEC Approved-6273) (Approval No. 6273-CE-0242)

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

1 CPE credit for Certified Fraud Examiners (CFEs)

1 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-U-00234-20-S)

1 CE credit of Federal Tax Update for Oregon Tax Preparers (Approval No. GEHNZ-U-00234-20-S)

1 CE credit of Tax Planning for all CFPs (CFP Board Approved : 8061)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Before starting this self study program, please go through the instructional document.

Overview

  • Reporting
    1 mins
  • Virtual Currency Issues
    8 mins
  • FBARs
    11 mins
  • What is Virtual Currency?
    19 mins
  • Independent Contractors
    33 mins

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. Millions of crypto traders are searching daily for tax professionals with expert knowledge of crypto taxation. This free CPE webinar provides you with the up to date training and answers you need to ad crypto tax prep to your practice.

Average return fees are 400% higher for crypto returns. A limited supply of crypto tax experts = more clients for you!

This online CPE webinar covers following key topics:

  • What block-chain is? 
  • What you can do with it?
  • How to treat the tax returns of your clients who are active in the cryptocurrency market?
  • What is “cryptocurrency” (i.e., Bitcoin)?
  • How the U.S. federal tax system treats common property dispositions and how those rules relate to analogs in cryptocurrency. 

This Online Webinar also covers current developments surrounding this topic, and especially on how to successfully navigate through tax notices such as :

  • CP200
  • Letter 6173
  • Letter 6174
  • Letter 6174-A

This webinar should prepare you to take on clients in block-chain businesses as well as ensure that you understand the full compliance measures to give tax advice and complete tax returns for any cryptocurrency use situation by your clients.

Learning Objectives

  • To identify the history of cryptocurrencies and the block-chain
  • To recognize how the blockchain technology works, why it is important and how it differes from existing technology
  • To recognize the tax ramifications of crypto transactions (Investors, miners, Payer/Payee, Like Kind Exchange, Charitable Contributions & Initial Coin Offerings)
  • To interpret the guidance from the IRS and cryptocurrency taxation
  • To identify applicable Information reporting requirements

Who Should Attend?

  • California Registered Tax Professional
  • Certified Fraud Examiner
  • Certified Valuation Analysts
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Entrepreneurial CPA
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Personal Financial Specialist (PFS)
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • Young CPA

Testimonial

4.3

(16)
44%
44%
6%
6%
0%

SB

great presenter

LC

ssd