Digital Assets: A Deep Dive
2 CPE for AFSP, EA, CFP®, CPA, CRTP
This session breaks down the complex world of digital assets, covering everything from cryptocurrency transactions to NFTs and beyond. You'll dive deep into the latest IRS regulations, learn to identify taxable events and explore real-world scenarios that tax professionals face in this evolving landscape. Whether new to digital assets or looking to refine your expertise, this session provides the knowledge and tools to confidently advise your clients and ensure compliance in the fast-paced digital world.
Objectives
Upon completion of this session, you will be able to:
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Understand the latest IRS regulations and reporting requirements for digital assets, including cryptocurrencies and NFTs
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Identify taxable events in the lifecycle of digital assets, from acquisition and holding to trading and staking
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Explore practical case studies involving digital assets to understand common pitfalls and best practices in tax reporting
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Build strategies to ensure compliance while optimizing tax outcomes for clients with digital asset portfolios
CPE information
Duration: 100 minutes
Course level: Intermediate
Prerequisite: Basic knowledge of tax and accounting
Advanced preparation: None
Delivery method: Group Internet-Based