QAS Self-Study
Basic
CPE Credits
2 Credits: Taxes
Course Description
Shehan Chandrasekera, CPA, Forbes Contributor, and Head of Tax Strategy at Cointracker, examines and explains why cryptocurrencies and blockchain technologies are no longer a fad but here to stay. Build your foundation and learn why 50 million Americans are likely to buy crypto in the next year. Address Form 1040 with your clients and help them understand why they can’t afford to ignore the tax implications of everyday cryptocurrency transactions.
Learning Objectives
Upon completing this course, participants will be able to:
- Understand the ethical concerns about advising your clients on crypto adoption
- Evaluate setting up Cryptocurrency as a payment method
- Explore the Blockchain use cases, specifically how it’s used for smart contracts
- Understand the current outlook for cryptocurrency taxation due to the infrastructure bill
- Plan for possible offset changes targeting cryptocurrency reporting
- Gain familiarity with the foundational elements of Cryptocurrency
- Understand how you buy crypto and store crypto securely
- Be able to explain how to use services like CoinTracker to track capital gains and losses
- Learn about the new developments on the horizon
- Explore the tax needs for cryptocurrency investors
- Evaluate how taxes work for cryptocurrency mining
- See and learn about the tax planning opportunities
Course Specifics
|
Course ID 8222843SSVID |
Revision Date April 9, 2022 |
Prerequisites None |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01996-22-S
IRS Federal Tax Law Credits: 2
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01996-22-S
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1733
CTEC Federal Tax Law Credits: 2
CTEC Course Number: 2071-CE-1733
CTEC Federal Tax Law Credits: 2
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.
Course Instructor
Shehan Chandrasekera is a Certified Public Accountant in the state of Texas and New Jersey. He specializes in business and individual tax planning and consulting for small businesses. Shehan has a broad tax knowledge of various industries including, Real Estate, Construction, E-commerce, Healthcare, Manufacturing & Distribution and the emerging Blockchain related industries. Before starting his career at JAG CPAs & Co, Shehan worked for several regional and national public accounting firms for a number of years. His ability to dissect the tax code and innovative thinking have immensely contributed to his rapid professional growth. After a successful career helping many …
Cryptocurrency Taxation: A Foundation for Advisors
$98.00
QAS Self-Study
Basic
CPE Credits
2 Credits: Taxes
Course Description
Shehan Chandrasekera, CPA, Forbes Contributor, and Head of Tax Strategy at Cointracker, examines and explains why cryptocurrencies and blockchain technologies are no longer a fad but here to stay. Build your foundation and learn why 50 million Americans are likely to buy crypto in the next year. Address Form 1040 with your clients and help them understand why they can’t afford to ignore the tax implications of everyday cryptocurrency transactions.
Learning Objectives
Upon completing this course, participants will be able to:
- Understand the ethical concerns about advising your clients on crypto adoption
- Evaluate setting up Cryptocurrency as a payment method
- Explore the Blockchain use cases, specifically how it’s used for smart contracts
- Understand the current outlook for cryptocurrency taxation due to the infrastructure bill
- Plan for possible offset changes targeting cryptocurrency reporting
- Gain familiarity with the foundational elements of Cryptocurrency
- Understand how you buy crypto and store crypto securely
- Be able to explain how to use services like CoinTracker to track capital gains and losses
- Learn about the new developments on the horizon
- Explore the tax needs for cryptocurrency investors
- Evaluate how taxes work for cryptocurrency mining
- See and learn about the tax planning opportunities
Course Specifics
|
Course ID 8222843SSVID |
Revision Date April 9, 2022 |
Prerequisites None |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01996-22-S
IRS Federal Tax Law Credits: 2
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01996-22-S
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1733
CTEC Federal Tax Law Credits: 2
CTEC Course Number: 2071-CE-1733
CTEC Federal Tax Law Credits: 2
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.
Course Instructor
Shehan Chandrasekera is a Certified Public Accountant in the state of Texas and New Jersey. He specializes in business and individual tax planning and consulting for small businesses. Shehan has a broad tax knowledge of various industries including, Real Estate, Construction, E-commerce, Healthcare, Manufacturing & Distribution and the emerging Blockchain related industries. Before starting his career at JAG CPAs & Co, Shehan worked for several regional and national public accounting firms for a number of years. His ability to dissect the tax code and innovative thinking have immensely contributed to his rapid professional growth. After a successful career helping many …
Cryptocurrency Taxation: A Foundation for Advisors
$98.00