Taxation of Crypto Update with Example Return

So much has changed and continues to change when it comes to cryptocurrency reconciliation, reporting, bookkeeping, accounting and taxation. What applied back in 2010, 2014, 2017 is now different in 2022. We'll dig into what those changes are, the why along with the changing landscape of IRS enforcement and their capabilities. This will be a lively course with Q&A at the end.

Objectives:
1. Understand the Basics of Crypto Taxation
2. Understand the Taxation of Hard Forks and Airdrops
3. Understand the Taxation of Non Fungible Tokens (NFTs)
4. Understand the Taxation of Decentralized Finance (DeFi)
5. Understand the Challenges of Crypto Reconciliation
6. Go through an example return with cryptocurrency

Participants earn 3.0 CE/CPE credits

Additional Information:
IRS Program Number: RUSSH-T-00068-22-O
Field of Study: Federal Tax Law Topics / Tax
Prerequisites: Basic knowledge of federal payroll taxation in the United States.
Who Should Attend: CPAs, Enrolled Agents, Tax Preparers, Tax Attorneys
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Internet Based
Refunds and Cancellations: No refunds will be granted once the course has begun. For more information regarding a refund, complaint, and/or program cancellation policies please email us at ita@knoxtaxprep.com.
Knox Taxes dba IncomeTaxAcademy.com will be providing the CE/CPE for this webinar.
Knox Taxes dba IncomeTaxAcademy.com is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.