Event Details SU1829 23

 

Surgent's Max the Tax: Crypto Craze Download

May 1st, 2023 - April 30th, 2024

Member Price $49.00
Non-Member Price $79.00
If you are a member, please login to activate member pricing.

Credits

1

Description

Participants must use their expertise to assist a new client who just received Letter 6173 from the IRS. The client didn't share any crypto-related transactions or events with the tax accountant who filed the original return. It's up to the participants to meet with the client and uncover details of the activities so an accurate, amended tax return can be completed. They must carefully ask questions to get all the relevant information, determine the proper changes to taxable income, and submit the documentation correctly to avoid an IRS response and losing the new client.

Objectives

  • Understand the basics of cryptocurrency  
  • Identify cryptocurrency-related issues that clients may face 

Major Subjects

  • Introduction to cryptocurrency and key terms  
  • Chronology of cryptocurrency  
  • Virtual currency taxation  
  • Information on any updated guidance

Prerequisites

None