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Self-Study CPE
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INTRODUCTION TO INTUIT PROCONNECT LACERTE: TAX SOFTWARE DEMONSTRATION
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FEDERAL INCOME TAX CHANGES - 2017
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ESTATE TAX PLANNING
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10 NEW PRODUCTIVITY FEATURES IN PROCONNECT TAX ONLINE
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2018 ANNUAL TAX SEASON UPDATE
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AUDITING THE ERO
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Crypto happytax

CRYPTOCURRENCY TAXATION BASICS AND KEY TERMS

Available Date(s)
Tuesday, August 28, 2018, 12:00PM EDT

Cost Free   CPE Credits 1.0 hour     1 hour for EAs (Federal Tax Update)    Course Id# - HURS9-U-00313-18-O  Subject Area Taxes  Course Level Intermediate  Instructional Method Group Internet Based  Prerequisites Basic understanding of income taxation in the US  Advanced Preparation None  Who should attend? CPA - small firm
CPA - medium firm
CPA - large firm
Enrolled Agent
Other 
Series: International Focus, Enrolled Agents, Blockchain and Cryptocurrency, Taxes 
Course Description

This intermediate course explores the exciting frontier of cryptocurrency taxation. You will learn key terms as well as what are and are not taxable events, the definition of mining cryptocurrency, how capital gains work with cryptocurrency and the definition of a hard fork. We will explore current enforcement action from the IRS's CID and recent lawsuits. Most importantly, you will learn how to keep your clients out of trouble with the IRS!

Learning Objectives:


  • Learn key terms in cryptocurrency

  • Learn to tell what is and is not a taxable event

  • Learn how to treat mining

  • Learn about hard forks

  • Learn about the requirements for FBAR and FATCA

  • Learn how to keep your clients out of trouble with the IRS

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After finding early success as an independent tax office owner, Mario got involved with franchising and expanded to 99 offices across the country. At that point in time, Mario realized that the way tax preparation was being done was antiquated and not efficient. He envisioned a better, more secure, and convenient CPA filing experience for consumers that is now known as Happy Tax. In 2014, Mario sold off his 99 brick and mortar tax offices and invested his payoff to create Happy Tax. Since its inception, Happy Tax has gone from a breakthrough idea, to an award winning opportunity for entrepreneurs and professionals to own a tax business without the typical startup overhead or tax management requirements.

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Knox is an Enrolled Agent. He earned the privilege of representing taxpayers before the Internal Revenue Service passing a three-part comprehensive IRS test covering individual and business tax returns. Enrolled agent status is the highest credential the IRS awards. Knox is considered one of America's Tax Experts having taught practitioners all over the country. Knox’s areas of expertise include the taxation of clergy, cryptocurrency, foreign earned income, estates (especially on the 1041 fiduciary return), S corporations, and trusts. His practice also includes tax resolution. Knox currently serves as the Tax Director for HappyTax, cryptotaxprep.com, and cryptotaxacademy.com.

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Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.

Nasba

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

Irs

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

About Our Presenter

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Founded by the creators of CryptoTaxPrep.com, the largest assisted crypto tax preparation firm in the US, Crypto Tax Academy is the industry leader in cryptocurrency taxation training and designation for tax and accounting professionals.

Crypto Tax Academy offers in-depth self-study courses for professionals of all levels looking to advance their knowledge in the fast-growing cryptocurrency space, obtain a foundational understanding of cryptocurrency and blockchain, and most importantly, incorporate crypto tax services into their practice.