| Taxation of Cryptocurrency |
Course Description:
In this course, you will learn about what amounts are taxable transactions with cryptocurrency. We explain under what circumstances the IRS treats cryptocurrency transactions as capital gains or ordinary income. We will perform a thorough examination of IRS notice 2014-21. We will briefly cover how mining cryptocurrency is taxed and cover what are the reporting requirements: Third-Party Settlement Organization TPSAO.
Learning Objectives:
- Understand the basics of cryptocurrency taxation
- Compute basis and capital gain/loss on cryptocurrency transactions
- Learn about the IRS enforcement techniques and reporting requirements
| When: |
Thursday, December 19th, 2019. 12:00 PM to 1:00 PM EST |
| Where: |
Your Home or Office via Live Webinar |
| Speaker: |
Mansour Farhat, CPA, CIA, CFE, CGMA |
| CPE Credits: |
1 Tax CPE |
| CLE Credits: |
1 Substantive CLE |
| Program Level: |
Basic |
| Prerequisites: |
None |
| Advanced Preparation: |
None |
| Delivery Method: |
Group Internet-Based |
The Presenter:
Mansour Farhat is a founder of Farhat Accounting Lectures. Farhat Accounting Lectures is a platform for helping Accounting students, CPA and CMA candidates achieving their goals. Currently, Mansour is an Associate Professor of Accounting at Community College of Philadelphia. Mansour is a licensed Certified Public Accountant (CPA) and runs his own Accounting firm. Mansour is also a Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE) and Certified Global Management Accountant (CGMA). Mansour earned a Bachelor’s Degree in Business Administration/Finance and a Master in accountancy from Bloomsburg University of Pennsylvania.
About CPE/CLE:
* The ALA partners with McDevitt and Kline LLC for certificate issuance. Live, internet-based courses are approved as Distance Learning courses by the PA Supreme Court CLE Board. For additional information, please visit http://www.pacle.org/. Check with your State CLE Board for rules pertaining to live webcasts. These rules differ from state to state. For example, PA attorneys may earn up to 6 CLE credits per compliance period via live webcasts (or 6 out of 12 credits per year); NJ and DE attorneys may earn up to 12 CLE credits per compliance period via live webcasts (or 12 out of 24 credits per two years).
McDevitt & Kline, LLC 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site:www.nasba.org.
