Cryptocurrency can be a very confusing issue for a client in both compliance and in planning. This course will assist the practitioner in understanding the tax aspects of cryptocurrency from a federal compliance standpoint.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
DESIGNED FOR
CPAs, EAs, finance professionals, financial planners, attorneys
BENEFITS
- To discuss tax aspects of cryptocurrency from a federal compliance standpoint
HIGHLIGHTS
- Introduction to cryptocurrency
- Understanding the term “blockchain”
- Various types of cryptocurrencies
- Why cryptocurrency is popular
- Investment attributes of cryptocurrency
- Tax aspects of cryptocurrency
- Position of the Internal Revenue Service
- Understanding Notice 2014-21 (IRS Virtual Currency Guidance)
- Understanding Notice 2014-21 FAQs
- Compliance issues
- Charitable issues
- Internal Revenue Service enforcement
ADDITIONAL NOTES
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you need an EA certificate or wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.