Monday, July 22 | 3:20 p.m. - 5:00 p.m. | Concurrent Session
Wednesday, July 24 | 8:00 a.m. - 9:40 a.m. | Concurrent Session
Digital Assets Demystified
2 CPE for AFSP, EA, CFP®, CPA, CRTP
Understand the world of digital assets, including cryptocurrencies and NFTs, by comparing them with traditional currencies. You’ll learn how to identify taxable events, report digital asset transactions on tax returns accurately and understand relevant tax laws. You’ll walk away equipped with the basics to navigate digital asset taxation confidently, tailored to those new to the subject.
Objectives
Upon completion of this session, you will be able to:
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Define the types of digital assets, including cryptocurrencies, tokens, NFTs and other common assets
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Identify taxable events with digital assets such as trading, selling, mining, staking and receiving them as payment or rewards
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Summarize reporting digital asset transactions on tax returns
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Outline current tax laws for digital assets and their impact on taxation
CPE information
Duration: 100 minutes
Course level: Intermediate
Prerequisite: Basic understanding of accounting methods
Advanced preparation: None
Delivery method: Group Live
