Crypto Tax Planning - Beyond The Basics & What Practitioners Need To Know Going Forward

Description

Series:
Taxes, Blockchain and Cryptocurrency
Course Description
This session will focus on the tax planning and strategy implications that arise when clients and colleagues become more active users of bitcoin and other crypto assets. Even with price volatility and regulatory ambiguity, there are tax factors that practitioners need to be aware of as the usage and adoption of crypto continue to increase. Focused on practical applications and examples around basic and more advanced crypto tax planning, attendees will leave with actionable business intelligence to advise current and future clients.

Highlights

Series:
Taxes, Blockchain and Cryptocurrency
Course Description
This session will focus on the tax planning and strategy implications that arise when clients and colleagues become more active users of bitcoin and other crypto assets. Even with price volatility and regulatory ambiguity, there are tax factors that practitioners need to be aware of as the usage and adoption of crypto continue to increase. Focused on practical applications and examples around basic and more advanced crypto tax planning, attendees will leave with actionable business intelligence to advise current and future clients.

Objectives

Define and explain the current state of the cryptoasset landscape, and tax marketplace

Recognize and analyze tax regulations, as well as potential future tax changes

Outline and articulate how various cryptoassets are classified and treated from a tax planning perspective

Give examples of how to advise clients and colleagues on practical ways and methods to account for and plan crypto taxes

Define some of the best places to obtain more information and stay abreast of recent crypto tax changes

Designed For

Firm leaders, owners, managing partners, IT managers