NASBA Field of Study
Taxation of hard forks and air drops
What cost basis methods are acceptable
Fair market value of received virtual currency
Check-the-box requirements for crypto disclosure
Maintaining backup documentation and records
The latest IRS guidance, FAQs, and AICPA comments
Understand the taxation of hard forks and air drops.
Distinguish what cost basis methods are acceptable.
Determine the fair market value of received virtual currency.
Understand check-the-box requirements for crypto disclosure.
Maintain backup documentation and records.
Understand what guidance is most important to taxpayers and tax practitioners and what AICPA comments were addressed by the new IRS guidance.
Tax practitioners and personal financial planners who want to understand the latest IRS guidance on taxation of virtual currency and how it will affect them