Virtual Currency: Keeping Up with the Tax Code (2 hours - morning) - NEW! - Webcast
Overview
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.
OSCPA has partnered with the Washington Society of CPAs for this event.
Highlights
- 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
Designed For
Accounting and finance professionals who advise on business income tax issues
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
Leader(s):
Leader Bios
Jason Carney, Surgent CPE
Jason W. Carney, CPA, CISA, PMP, CISSP, CCSP, Esq., is a Lead Information Security Analyst with Thomson Reuters. He has more than 15 years of experience in public accounting, consulting, and industry. His specialties include information security, tax problem resolution, and data analysis. Jason has worked in Federal Finance, Information Security, and Tax.
Jason is a member of the Minnesota Bar and was a President's Scholar at the University of Saint Thomas Law School. He co-founded the Scott County Conciliation Clinic and represents impoverished debtors pro bono in association with the Volunteer Lawyers Network. He wrote "What is Business Intelligence and Why Should CPAs Care?" for Footnote magazine and contributed to the upcoming publication What Every Lawyer Needs to Know About Client Trust Accounts.
(3/18/21)
Non-Member Price $140.00
Member Price $105.00