Surgent's Max the Tax: Crypto Craze

Available Anytime
Location: Online
1Credits
Technical Business
Registration is Open
FICPA Members
$49.00 Regular Price
Nonmembers
$64.00 Regular Price
Product Code: SU24-MTT5-SSDL
Level: Basic
Vendor: Surgent
Field of Study: Taxes

Overview:

Participants must use their expertise to assist a new client who just received Letter 6173 from the IRS. The client didn't share any crypto-related transactions or events with the tax accountant who filed the original return. It's up to the participants to meet with the client and uncover details of the activities so an accurate, amended tax return can be completed. They must carefully ask questions to get all the relevant information, determine the proper changes to taxable income, and submit the documentation correctly to avoid an IRS response and losing the new client.

Objectives:

  • Understand the basics of cryptocurrency  
  • Identify cryptocurrency-related issues that clients may face 

Major Topics:

  • Introduction to cryptocurrency and key terms  
  • Chronology of cryptocurrency  
  • Virtual currency taxation  
  • Information on any updated guidance

Designed For:

Accounting professionals needing foundational information related to cryptocurrency

Prerequisite:

None

Additional Info:

You will receive an email from info@surgent.com with instructions on how to log onto your course shortly.  If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email info@surgent.com. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.