Menu
Log in

Join      Renew      Advertise      Directory

Taxation of Non-fungible Tokens (NFTs)

  • 01/25/2023
  • 8:00 AM - 9:55 AM
  • Webinar-ACPEN

Registration


Registration is closed

Non-fungible Tokens (NFTs), unique, identifiable digital assets based on blockchain technologies, have become a fast-growing industry. This course will provide a background on how NFTs came into the mainstream marketplace. These materials will assist the practitioner to understand the tax implications of the creation, purchase and sale of these assets.

**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

          Learning Objectives: 

          • Be able to define NFTs and describe how they are created
          • Develop a working knowledge of how NFTs are recorded and transferred
          • Determine what type of transaction involving an NFT creates a taxable event
          • Be able to identify how NFTs are classified
          • Discuss the current legislative environment and actions taken to regulate NFTs.
          • Become knowledgeable of current enforcement actions employed by the IRS. 

          Key Topics:

          • NFT basics
          • Classification of NFTs
          • Current Legislative and Policy Environment
          • Tax implications of creation, sales and exchanges of NFTs.
                                                                                                              Designed for: This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs,  Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise individuals or businesses that use or invest in cryptocurrency.  All in-house and public practice professionals involved with tax compliance and planning will benefit from this timely and insightful seminar. Allison McLeod

                                                                                                              Level: Basic

                                                                                                              Instructor: Allison McLeod

                                                                                                              Developer: Allison McLeod

                                                                                                              CPE Credits: 2

                                                                                                              Area(s) of Study: Taxes - Technical

                                                                                                              Prerequisite: None


                                                                                                              Visit Us:

                                                                                                              3100 South Columbia Road
                                                                                                              Suite 500
                                                                                                              Grand Forks, ND 58201

                                                                                                              Contact Us: 

                                                                                                               (701) 775-7111
                                                                                                              or (877) 637-2727
                                                                                                              Email: info@ndcpas.org

                                                                                                              Connect with us:

                                                                                                              Powered by Wild Apricot Membership Software