Date/Time
12/12/2025
1:00 PM - 3:00 PM Central
1:00 PM - 3:00 PM Central
Course Registration
Credits
2 Credits
Event Type(s)
Webinars
Event Description
With over 40 percent of Americans owning digital assets and a single bitcoin now valued at over $100K, cryptocurrency is no longer a niche subject, yet few tax professionals understand how to help individuals and businesses who are dealing with digital assets. This session walks you through the tax implications of common cryptocurrency-related transactions and how to successfully service clients dealing in digital assets. We will also cover current developments surrounding this topic, such as Form 1099-DAs, the updated version of the digital assets question on Form 1040, and a series of chief counsel memorandums related to digital assets and tax planning opportunities.
Objectives:
Presenters:
Shehan Chandrasekera, CPA
Field of Study:
Taxes (2)
Major Topics:
Objectives:
- Learn what cryptocurrencies are and their use cases
- Understand how to safely interact with cryptocurrency and NFTs (buying, selling, and storing)
- Understand the tax implications of investing in cryptocurrency, running a mining operation, using NFTs, and using cryptocurrency as a payment method
- Recognize challenges in dealing with cryptocurrency-related clients
- Know how to handle 1099-DAs
- Understand the implications of the IRS's latest guidance on digital assets
- Apply tax planning opportunities
- Serve clients with cryptocurrency transactions using a tool like CoinTracker.com
Presenters:
Shehan Chandrasekera, CPA
Field of Study:
Taxes (2)
Major Topics:
- Cryptocurrencies and their use cases
- Safely interacting with cryptocurrency and NFTs (buying, selling, and storing)
- Tax implications of investing in cryptocurrency, running a mining operation, using NFTs, and using cryptocurrency as a payment method
- Challenges in dealing with cryptocurrency-related clients
- How to handle 1099-DAs
- Implications of the IRS's latest guidance on digital assets
- Applying tax planning opportunities
- Serving clients with cryptocurrency transactions using a tool like CoinTracker.com
Location
Webinar
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