Tax Effects of Cryptocurrency

703 Green Valley Rd,Greensboro NC 27408

27 April, 2022

Description

In this presentation, Jess Bankhead, CPA will address the tax effects of various cryptocurrencies. Agenda: IRS is starting to heavily regulate cryptocurrency and other digital assets. Cryptocurrency is a digital currency that uses a decentralized system to record, manage, exchange, and create units of currency. The Internal Revenue Service ("IRS") issued Notice 2014-21 stating that cryptocurrency is to be treated as property rather than a form of currency. In this presentation, Jess Bankhead, CPA will address the tax effects of various cryptocurrencies transactions including being held for investment, mining, exchanging cryptocurrency for goods or services, and what's next for cryptocurrency. With the popularity of digital currency reaching new highs just as quickly, taxpayers are left wondering how their tax liabilities will be affected. Join us in person or via webinar to learn more about the tax effects your cryptocurrencies may have. Presenter: Jess Bankhead, CPA Presentations: Tax Effects of Cryptocurrency In-Person Registration and Lunch: Time: 12-1PM Webinar Registration: Time: 11AM-12PM For questions to be addressed during the webinar presentation, please email in advance to [email protected]. Participants will: Identify various cryptocurrency transactions including being held for investment, mining, exchanging cryptocurrency for goods or services, and what's next for cryptocurrency. This course satisfies 1.0 CPE credit* for all licensed North Carolina CPAs Field of Study: Taxes- Technical Additional Information Prerequisites: None Who Should Attend: All individuals and professionals interested in the subject matter Advanced Preparation: None Program Level: Basic Delivery Method: Live and Group Internet Based For more information regarding this program or policies, please contact our office at (336) 275-9886.