Webinar: Tax Implications of Cryptocurrency

This course presents an overview of blockchain and the tax implication of cryptocurrency transactions. The IRS has provided some recent guidance, but

Number of Credits	Type of Credits
2.00	Taxes

All in-house and public practice professionals involved with tax compliance and planning

None

The major topics that will be covered in this class include:

Blockchain basics
Classification of cryptocurrency
IRS Notice 2014-12
Tax implications of airdrops, mining, hard forks, margin trading, purchasing of goods or services with cryptocurrency.
Gift tax rules for donating, gifting or bequeathing cryptocurrency.
Traps for the unwary.

After attending this presentation you will be able to...

Discuss what constitutes blockchain and the various types of cryptocurrency it supports
Determine whether a cryptocurrency transaction creates a taxable event
Be able to identify the IRS forms needed to report cryptocurrency transactions
Develop a working knowledge of possible reports due to other regulatory agencies
Discuss the traps that cryptocurrency traders can encounter which could unexpectedly increase the trader's tax liability
Become knowledgeable of current enforcement actions employed by the IRS

None

Webinar Day - HELP and Assistance Instructions

The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
We recommend you log in early to ensure you are ready to go when the presentation begins.
IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.