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STEVEN TOSCHER, MICHEL STEIN and EVAN DAVIS to Speak on New Developments in Cryptocurrency – Reporting and Enforcement

We are pleased to announce that Steven Toscher, Michel Stein and Evan Davis will be speaking at the upcoming CPA Academy webinar on New Developments in Cryptocurrency – Reporting and Enforcement, Thursday, September 24, 2020, 2:00 p.m. – 3:00 p.m. (PST).

The program will provide tax advisers and compliance professionals with a practical look at IRS guidance to calculating and reporting income and gain on cryptocurrency (e.g., Bitcoin) transactions. We will also discuss the IRS’ position on cryptocurrency as property rather than cash, analyze IRS monitoring to increase compliance, and define proper reporting and tax treatment for hard forks, “mining” and exchanging cryptocurrency. Further, we will address recently released IRS Revenue Ruling 2019-24 and the updated FAQs regarding the taxation of cryptocurrency, with a particular focus on the recent IRS enforcement initiatives to identify and tax virtual currency activity and how this soft letter campaign fits into the IRS voluntary disclosure practice.

Please join us.

For full programming details Click Here.

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