Taxation of Digital Assets Webinar

Taxation of Digital Assets Webinar
June 17, 2024
01:00 PM - 03:00 PM
Online
94 SPACES LEFT
$110 Members
$130 Non-Members

EVENT DESCRIPTION

This course focuses on the taxation aspects of digital assets. It provides in-depth knowledge on how different types of digital assets are taxed, reporting requirements, and the challenges faced in digital asset taxation.

EVENT OBJECTIVE

Deep Dive into the Taxation of Various Digital Assets: Gain in-depth knowledge of how different types of digital assets, including cryptocurrencies, tokens, NFTs (Non-Fungible Tokens), and other emerging digital financial instruments, are taxed. Understand the nuances in the tax treatment of each asset class.

Advanced Reporting Requirements and Compliance: Master the complex reporting requirements for digital asset transactions, including how to accurately report gains, losses, income, and donations on tax returns. Learn about the specific forms and documentation needed to ensure compliance with IRS and international tax authorities.

Tax Implications of Digital Asset Transactions: Understand the tax implications of various digital asset transactions, such as trading, mining, staking, airdrops, and forks. Learn how to calculate taxable events and the correct treatment of each type of transaction.

International Tax Considerations: Explore the international tax considerations and challenges in digital asset taxation, including cross-border transactions, tax treaties, and the impact of global regulatory frameworks on taxation.

Tax Planning Strategies for Digital Assets: Develop effective tax planning strategies for individuals and businesses holding digital assets. Learn how to optimize tax liabilities and benefits within the legal framework, considering the unique aspects of digital asset holdings.

Handling Audits and Disputes: Equip participants with the knowledge and skills to handle audits and disputes related to digital asset taxation. Understand the common areas of scrutiny and how to prepare for and respond to inquiries from tax authorities.

Ethical Considerations and Compliance: Emphasize ethical considerations in reporting and advising on digital asset taxation. Discuss the importance of maintaining high standards of professional conduct and compliance with evolving regulatory requirements.

EVENT DETAILS

Company:
Polygon Advisory Group

Number of Hours:
2 (Recommended)

Prerequisite:

Program Level:
Update

Knowledge Level:
Intermediate

Delivery Method:
Group Internet Based

Number Of Days:
1

Food Included:

Seminar Number:
3300

Early Cut Off Date:
06/17/2024

Phone:

Venue:
Online Group Internet Based ,

Accommodations:
,

Recommended For:
CPA (2), EA (2), Tax Preparer, CFP (2)

Approved By:
NASBA, IRS, CFP