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Tax, Estate and Financial Aspects of Cryptocurrency

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Webcast Only

4.00 Credits

Member Price $129.00

Non-Member Price $159.00

Overview

Cryptocurrency can be a very confusing issue for a client in both compliance and in planning.  This course will assist the practitioner in understanding the tax aspects of cryptocurrency from a federal compliance standpoint.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
 

Highlights

  • Introduction to cryptocurrency
  • Understanding the term “blockchain”
  • Various types of cryptocurrencies
  • Why cryptocurrency is popular
  • Investment attributes of cryptocurrency
  • Tax aspects of cryptocurrency
  • Position of the Internal Revenue Service
  • Understanding Notice 2014-21 (IRS Virtual Currency Guidance)
  • Understanding Notice 2014-21 FAQs
  • Compliance issues
  • Charitable issues
  • Internal Revenue Service enforcement 

Prerequisites

None

Designed For

CPAs, EAs, finance professionals, financial planners, attorneys

Objectives

  • To discuss tax aspects of cryptocurrency from a federal compliance standpoint

Preparation

None

Leader(s):

Leader Bios

Art Werner, Werner-Rocca Seminars Ltd

Arthur Joseph Werner, Esquire, is currently a shareholder in the law firm of Werner & Rocca, P.C., and in the lecture firm of Werner, Rocca & Susman Seminars, Ltd. Mr. Werner’s areas of practice include business, tax, financial, and estate planning for high net worth individuals. In addition to the practice of law, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. A member of the Pennsylvania Bar, Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 500 eight-hour seminars over the past decade. Over the past ten years, Mr. Werner was rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.

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Non-Member Price $159.00

Member Price $129.00