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:
Crypto Tax Academy
CEO
mario@cryptotaxacademy.com
(844) 515-1040
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.
Crypto Tax Academy
Tax Director
knox@cryptotaxacademy.com
(865) 386-0711
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.
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
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
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.