"Cryptocurrencies and NFTs: What Tax Professionals Need to Know for the 2021 Filing Season and Beyond"
Speakers: Dr. Sean Stein Smith, DBA, CPA and Matthew Metras, EA
Course Overiew:
Cryptocurrencies has made this a topic that we can no longer ignore. This will not be a review of the basics of blockchain technology, rather, we aim to provide you with high level examination of the topics that must be understood by tax professionals to assist their clients. Our highly regarded speakers will address the reporting of various cryptocurrency transactions, taxation and reporting required of NFT transactions, and the tools that we can use to assist our clients. We will also discuss key topics such as tax loss harvesting, tax lot opitmization, self-directed IRAs, and more, which will soon arise in your respective practices.
Learning objectives:
- Understand the latest developments in cryptocurrencies, NFTs and blockchain technology
- Review the latest guidance from the IRS and discuss the future of government regualation and compliance requirements
- Identify the tax implications of cryptocurrency and NFT transactions
- Understand the various tax reporting and compliance issues presented on the 2021 tax return
- Identify tax minimization strategies
- Review available tools and software to assist in tax compliance
Credits: 2 CPE/TAXES
Location: ZOOM Webinar
Time: 10:00 AM - 12:00 PM (ET)
*Cost: Members $50 / Non-Members $100
*Registration will close @3PM, Wednesday, January 19th
SPONSOR: Falcon Rappaport & Berkman, PLLC
Program Pre-requisite: None Program Level: Intermediate
Advanced Preparation: None Type of Delivery: Group Internet Based
Seminar
The Educational Foundation of the Nassau/Suffolk Chapter of the National Conference of CPA Practitioners along with the National Conference of CPA Practitioners sponsors this program.
Nassau/Suffolk Chapter Educational Foundation
N.Y. Sponsor Number: 000216
N.J. Sponsor Number: CE0046700
National Conference of CPA Practitioners, Inc.
NASBA Number: 108369
This program is co-sponsored by the NATIONAL CONFERENCE OF CPA PRACTITIONERS INC. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
For a complete copy of Educational Foundation of N/S NCCPAP education program policies including refund policy and complaint resolution policy, contact Kathy Casey at 516-997-9500 or e-mail kcasey@ns-nccpap.org.