On-Demand

2 CPE Credits

Surgent's Virtual Currency: Keeping Up with the Tax Code

On-Demand
2 CPE Credits

This course is delivered as a recorded video. After completing all sessions, you must pass the final exam with a minimum score of 70% to receive credit.

Whether you are an experienced veteran or new to the industry, one of the toughest parts of being a tax practitioner is keeping up with all of the changes in tax legislation. This course takes a look at recent changes to tax law from a practitioner perspective. In this session, we will explore the nuances of virtual currency and the new Form 8300 reporting requirements.

Learning Objectives

  • Understand which virtual currency transactions result in gains and losses for the taxpayer
  • Recognize the difference in tax treatment between a hard fork and a soft fork
  • Identify situations where a taxpayer needs to file Form 8300

Major Topics

  • Overview of virtual currency
  • Property transactions with virtual currency
  • Receiving virtual currency as payment
  • Paying using virtual currency
  • Charitable donations with virtual currency
  • Gifting of virtual currency
  • Form 8300 reporting

CPE Credits Available

2 CPE Credits
2
Taxes

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Enrolled Agent - IRS Credit Eligible
  • Individual Tax
  • Tax

Prerequisites

None

Advanced Preparation

None

Intended Audience

Accounting and finance professionals who advise on business income tax issues

Provider

Surgent CPE

Purchase This Course

  • COCPA Member

    $ 109 109
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  • COCPA Non-Member

    $ 142 142
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