Digital Assets - What to Ask Clients and What To Do with the Answers
Date: Thursday, January 29, 2026
Instructor: Annette Nellen
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
A review of IRS guidance on the taxation of digital assets, where issues remain, and how to deal with uncertainty and client reporting problems.
Who Should Attend
Practitioners interested in a understanding tax rules applicable to various digital asset transactions and a set of questions that can help them to help clients be in compliance in reporting their digital asset transactions.
Topics Covered
- What are digital assets?
- Why do people own digital assets?
- What guidance has the IRS issued on the taxation of digital assets?
- What are some open issues and are there legislative proposals to address them?
- How can I get the necessary information from clients to help them properly determine the tax treatment of their digital asset transactions
Learning Objectives
- Identify IRS guidance on digital assets as well as open issues and how to deal with them
- Evaluate the impact of Form 1099-DA and other compliance obligations.
- Explain the tax treatment of mining, staking, hard forks, and losses
- Describe questions to ask clients who invest in digital assets to best ensure they are following proper tax compliance
- Identify legislative proposals on taxation of digital assets and why offered
Level
Intermediate
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Understanding of basic guidance on virtual currency, such as Notice 2014-21 and familiarity with the basics of how virtual currency functions and is transferred.
Advance Preparation
None
