Donating Cryptocurrency and Avoiding Traps for the Unwary (C67892)

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Cancellation Policy

Please note that this webinar Is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do Not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

05/08/2025

Registration Open:

12:00 AM - 2:00 PM

Time:

2:00 PM - 4:00 PM

Facility:

 Online

Meeting Type:

Webinars

CPE Credit:

2.00

Field(s) Of Study:

Taxes (2.00)

Level of Knowledge:

Basic

Price:

Member: $89.00
Nonmember: $109.00

Individual Discounts:

Not Available

Overview

After attending this presentation, you will be able to...

  • Recognize what constitutes digital assets.
  • Determine the differences between cryptocurrency and NFTs.
  • Identify the IRS forms needed to report digital asset contributions.
  • Calculate the value of the contribution.
  • Compare differences in required substantiation based on the amount of the contribution.
  • Recall the latest rulings by the Treasury Department and courts on these contributions.

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Highlights

The major topics that will be covered in this course include:

  • Intro to digital assets
  • Differences between cryptocurrency and non-fungible tokens (NFTs)
  • IRS Notice 2014-12
  • Tax implications of contributing digital assets
  • Gift tax rules for donating, gifting or bequeathing cryptocurrency and NFTs.
  • Substantiating charitable contributions of digital assets
  • Traps for the unwary.

Speaker(s)

Prerequisites

None