Crypto Currency & Taxes

CPE Credit: 2 hours

Instructional Delivery Methods: Webinar

Recommended CPE Credits: 2 Hours (100 Minutes)

Recommended Field of Study: Taxes (2)

Prerequisites: None

Program Level: Basic

Advance Preparation: None

Learning Objectives:

Define crypto currency

Recognize the tax implications of using or investing in crypto currency

Program Description:

Are you interested in how cryptocurrencies were developed and how they work? Does blockchain technology provide sufficient security for cryptocurrencies? What are the advantages and disadvantages of using cryptocurrencies? What are the tax consequences of investing in cryptocurrencies or using them for personal or business transactions? This course is designed for individuals who would like to obtain a basic understanding of crypto currency. The course will cover the history of virtual currencies and explain how they work. We will review some of the legal issues involved with virtual currencies. The course will cover the advantages and disadvantages of using virtual currencies. We will review the IRS rules for tracking and reporting crypto currency transactions for tax purposes. This course has been updated for new laws and regulations for 2023.

This course is appropriate for CPAs, CFEs, CMAs, CIAs, CFFs, CVAs, CGMAs, CIAs, CFFs, MAFFs, managers, business owners, investors, and anyone else interested in learning about virtual currencies.