K2’s Demystifying Accounting for Blockchain, Cryptocurrency, and NFTs (4 hours - afternoon) - Webcast
Overview
For accounting and tax professionals, understanding the inner workings of blockchain and cryptocurrency is no longer just an advantage—it’s a necessity. This course provides an in-depth look into the mechanics of digital currencies and revolutionary blockchain technology, equipping attendees with the knowledge to navigate benefits and risks effectively. Special emphasis is placed on the tax implications for both individuals and estates, ensuring that attendees can confidently advise on these issues, which are becoming increasingly relevant in financial planning and asset management. This offering is more than just a learning experience; it’s an investment in one’s professional growth. By understanding the tax complexities and estate planning challenges posed by digital assets, participants will be able to offer valuable insights and strategic solutions. They will emerge from this course not just with theoretical knowledge but with actionable skills that can be applied immediately. In a landscape where digital assets are becoming commonplace, this is the education that will differentiate the exceptional from the average. Join today and step into a role as a leader in finance for the digital age.
Highlights
- Understanding Blockchain and Cryptocurrency
- Major Features, Benefits and Risks of Blockchain and Cryptocurrency
- Tax Strategies for Cryptocurrency Transactions and Compliance
- Implementing Blockchain in Business Accounting Systems
- Navigating Estate Planning with Digital Assets
Designed For
Accountants and financial advisors eager to navigate crypto taxation and estate planning should attend.
Objectives
- Identify key characteristics and functions of major cryptocurrencies currently in use.
- Explain the influence of blockchain technology on today's business environment and accounting practices.
- Assess the organizational impact of blockchain and cryptocurrency, focusing on tax and accounting issues.
- Apply strategies to calculate and track the historical cost and fair market value of cryptocurrency investments.
- Implement tax planning techniques for cryptocurrency transactions to optimize personal tax liabilities.
- Design estate plans that effectively incorporate cryptocurrency and NFT holdings for clients.
Leader(s):
Leader Bios
Stephen Yoss, K2 Enterprises
At the helm of Devmatics since 2017, Stephen specializes in developing tailored software solutions, mobile apps, and sophisticated automation systems to solve complex, critical challenges for a variety of clients. His innovative approach to technology was first applied at his family's firm, Yoss & Allen, where he revolutionized their technological infrastructure.
As an authoritative speaker and prolific author, Stephen is a powerhouse in professional education, presenting at over 100 events annually and having authored more than 50 CPE courses. His sessions, packed with expertise and actionable insights, cover critical technology topics from cloud computing to preventing data breaches, artificial intelligence, automation, and empowering professionals across the globe.
Stephen's expertise in the realm of pyrotechnics is equally impressive. As a licensed pyrotechnician, he's contributed to some of the nation's most memorable fireworks displays, including the Macy's July 4th Spectacular and the Golden Gate Bridge's 75th Anniversary celebrations, the annual Burning Man event, and many other shows around the country. His precision and creativity illuminate the sky, showcasing his dedication to this explosive art form.
When he's not developing software, enlightening professionals, or lighting up the sky with fireworks, Stephen indulges in his passions for music, community service, and the great outdoors. His commitment to community and adventure is evident, whether he's at Burning Man or volunteering in his hometown of Big Bear Lake, CA.
Dive deeper into Stephen's blend of technological innovation, educational contribution, and pyrotechnic artistry at https://yoss.io.
(3/27/24)
Non-Member Price $250.00
Member Price $195.00