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Nuts & Bolts of Cryptocurrency Taxation & 1099-DAs (NBCT)

Friday, December 12, 2025
02:00 PM - 04:00 PM (Eastern)

Shehan Chandrasekera, CPA

  • Format Webinar
  • Credits 2.00
  • Level Basic
  • Field of Study Taxes (2)

$99.00


Overview

With over 40 percent of Americans owning digital assets and a single bitcoin now valued at over $100K, cryptocurrency is no longer a niche subject, yet few tax professionals understand how to help individuals and businesses who are dealing with digital assets. This session walks you through the tax implications of common cryptocurrency-related transactions and how to successfully service clients dealing in digital assets. We will also cover current developments surrounding this topic, such as Form 1099-DAs, the updated version of the digital assets question on Form 1040, and a series of chief counsel memorandums related to digital assets and tax planning opportunities.

Major Topics:

  • Cryptocurrencies and their use cases
  • Safely interacting with cryptocurrency and NFTs (buying, selling, and storing)
  • Tax implications of investing in cryptocurrency, running a mining operation, using NFTs, and using cryptocurrency as a payment method
  • Challenges in dealing with cryptocurrency-related clients
  • How to handle 1099-DAs
  • Implications of the IRS's latest guidance on digital assets
  • Applying tax planning opportunities
  • Serving clients with cryptocurrency transactions using a tool like CoinTracker.com

Learning Objectives

  • Learn what cryptocurrencies are and their use cases
  • Understand how to safely interact with cryptocurrency and NFTs (buying, selling, and storing)
  • Understand the tax implications of investing in cryptocurrency, running a mining operation, using NFTs, and using cryptocurrency as a payment method
  • Recognize challenges in dealing with cryptocurrency-related clients
  • Know how to handle 1099-DAs
  • Understand the implications of the IRS's latest guidance on digital assets
  • Apply tax planning opportunities
  • Serve clients with cryptocurrency transactions using a tool like CoinTracker.com

Who should take this course:

Accounting and finance professionals who want to get a high-level understanding of how cryptocurrency work and how to serve clients with cryptocurrency transactions

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