"A Practitioner's Approach to the Ever- Changing Cryptocurrency "
Presented by: Matthew Metras, EA
Course Overview: Our nationally recognized speaker, Matthew Metras, will provide tax advisers and compliance professionals with a practical look at IRS guidance on calculating and reporting income and gain on cryptocurrency (e.g., Bitcoin, Coinbase) transactions. The panel will discuss the IRS' position on cryptocurrency as property rather than cash, and define proper reporting and tax treatment for mining and exchanging cryptocurrency.
We will review these and other relevant issues:
- Limitations on loss recognition on cryptocurrency transactions and exchanges
- Income tax reporting requirements for cryptocurrency exchanges and valuations
- IRS position on whether cryptocurrency exchanges qualify for 1031 treatment and the impact of the enacted tax reform
- Challenges in determining the basis on mined cryptocurrency
- How to properly account for hard forks as outlined in Revenue Ruling 2019-24
Speaker: Matthew Metras, EA
Credits: 2 CPE/TAXES / 2 IRS CE G1U2N-T-00269-23-O
Location: ZOOM Webinar
Time:8:30 AM - 10:30 AM (ET)
NCCPAP Members $50
*Registration will close @3 PM, Wednesday, January, 18th
Program Pre-requisite: None Program Level: Intermediate
Advanced Preparation: None Type of Delivery: Group Internet Based
The Educational Foundation of the Nassau/Suffolk Chapter of the National Conference of CPA Practitioners sponsors this program. The Educational Foundation of the Nassau/Suffolk Chapter of the National Conference of CPA Practitioners registered with the New York State Board of Education as a sponsor of continuing professional education.
New York State License Number: 000216
New Jersey State License Number: 20CE00046700
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 email@example.com.