Cryptocurrencies have gained significant attention in recent years as a result of skyrocketing increases in their value. In fact, cryptocurrency-related tax liabilities are at estimated to be $25 billion as a result of $92 billion of taxable gains for U.S. cryptocurrency investors during 2017 alone. Despite the prevalence of cryptocurrency, surprisingly few investors understand the taxation of, and reporting standards for cryptocurrency.  Not surprisingly, this noncompliance has piqued the interest of the IRS, the U.S. Department of Justice, and numerous other federal agencies.

This webinar will address key tax aspects of cryptocurrency with which all tax professionals should be familiar, and offer practical strategies for remedying historical noncompliance to limit the likelihood of tax penalties. This webinar is a must-attend for all practitioners.

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) 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.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222