The rising popularity of cryptocurrency and the inclusion of the virtual currency question on the front and center of Form 1040 have made cryptocurrency a subject that tax practitioners can not afford to ignore anymore. This session gives you a quick overview of the cryptocurrency tax space, discusses the implications of the virtual currency question on Form 1040, and walks you through how to successfully handle taxes for cryptocurrency investors (the most common type of clientele you will come across) using CoinTracker.io.
Shehan is one of the handful of CPAs in the country who is recognized as a real-world operator and a conceptual subject matter expert on cryptocurrency taxation. He is the Head of Tax Strategy at CoinTracker, a Forbes Tax Contributor, and a CPE instructor who has won multiple awards: 2020 & 2019 CPA Practice Advisor 40 under 40 accounting professionals, Outstanding Young CPA of the year, Rising Star of Texas & Among 21 accountants mentioned on Accounting Today who will be helping shape (and reshape) accounting in 2020 and beyond by Accounting Today. Shehan is a renowned speaker who has performed speaking engagements with many organizations, including Google, Coinbase, Lyft, AICPA, American Bar Association, and State CPA Societies.