Crypto Currency & Taxes (Completed)

This course is designed for individuals who would like to obtain a basic understanding of crypto currency. The course will cover the history of virtual currencies and explain how they work. We will review some of the legal issues involved with virtual currencies. The course will cover the advantages and disadvantages of using virtual currencies. We will review the IRS rules for tracking and reporting crypto currency transactions for tax purposes.

Who Should Attend
CPAs, CFEs, CMAs, CIAs, CFFs, CVAs, CGMAs, CIAs, CFFs, MAFFs, managers, business owners, investors, and anyone else interested in learning about virtual currencies.

Topics Covered

• Basic understanding of crypto currency
• History of virtual currencies and explain how they work
• Review some of the legal issues involved with virtual currencies
• Advantages and disadvantages of using virtual currencies
• Review the IRS rules for tracking and reporting crypto currency transactions for tax purposes

Learning Objectives

• Define crypto currency
• Recognize the tax implications of using or investing in crypto currency

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None