The taxation of cryptocurrencies and digital assets often creates a new and challenging exercise in compliance. With cryptocurrency adoption accelerating, clients are seeking guidance about implications for their taxes, investments, and businesses. This course will equip you with the knowledge to address cryptocurrency questions, remain compliant, uncover planning opportunities, and strengthen client relationships.

This session intends to give you a high-level, non-technological understanding of cryptocurrency history and the taxation of cryptocurrency-related transactions. This session also covers current developments surrounding this topic, such as the inclusion of the virtual currency question, how to successfully navigate through tax notices (CP2000, Letter 6173, Letter 6174 & Letter 6174-A), and tax planning opportunities.

Learning Objectives:

• Identify the opportunities and challenges posed by cryptocurrencies


• Determine how everyday cryptocurrency transactions are taxed


• Describe recent developments in cryptocurrency and the associated tax planning opportunities