Webcast: Surgent's Virtual Currency: Keeping Up With the Tax Code
2.0 Credits
Member Price $75.00
Non-Member Price $100.00
Overview
Whether you are an experienced veteran or new to the industry, one of the toughest parts of being a tax practitioner is keeping up with all of the changes in tax legislation. This course takes a look at recent changes to tax law from a practitioner perspective. In this session, we will explore the nuances of virtual currency and the new Form 8300 reporting requirements.
Highlights
- Overview of virtual currency
- Property transactions with virtual currency
- Receiving virtual currency as payment
- Paying using virtual currency
- Charitable donations with virtual currency
- Gifting of virtual currency
- Form 8300 reporting
Prerequisites
None
Designed For
Accounting and finance professionals who advise on business income tax issues
Objectives
- Understand which virtual currency transactions result in gains and losses for the taxpayer
- Recognize the difference in tax treatment between a hard fork and a soft fork
- Identify situations where a taxpayer needs to file Form 8300
Leader(s):
Leader Bios
David Peters, CPA, CFP, CLU, CPCU, MST, Surgent McCoy CPE, LLC
David Peters is the founder and owner of Peters Tax Preparation & Consulting in Richmond, VA, and a Financial Advisor for Peters Financial, LLC. He has over fifteen years of financial services experience, including three years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Kaplan, and Surgent and was a recipient of Surgent’s Outstanding Discussion Leader award for 2019. He regularly teaches accounting, finance, insurance, financial planning, and ethics throughout the United States. He is the advisor for Business & Industry topics for the SC Association of CPAs and was a recipient of The American College’s 2019 NextGen Financial Services Professional Award. He holds four Master’s degrees and is currently pursuing his Ph.D. in Financial Planning. He regularly contributes to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018, 2019, and 2020 versions of the Virginia CPA Ethics course – a required course for all CPAs licensed in the Commonwealth of Virginia.
Non-Member Price $100.00
Member Price $75.00