Cryptocurrencies have gained significant attention in recent years as a result of skyrocketing increases in their value. In fact, cryptocurrency-related tax liabilities are at estimated to be $25 billion as a result of $92 billion of taxable gains for U.S. cryptocurrency investors during 2017 alone. Despite the prevalence of cryptocurrency, surprisingly few investors understand the taxation of, and reporting standards for cryptocurrency. Not surprisingly, this noncompliance has piqued the interest of the IRS, the U.S. Department of Justice, and numerous other federal agencies.
This webinar will address key tax aspects of cryptocurrency with which all tax professionals should be familiar, and offer practical strategies for remedying historical noncompliance to limit the likelihood of tax penalties. This webinar is a must-attend for all practitioners.
Lloyd Doletski (Self Employed)
"The speaker spoke in a fluent manner. The information was presented at a reasonable pace. I had no questions on the information presented. The displays were easy to read, very informative and answered any questions, which came to mind . The speaker was skilled in utilizing the displays in presenting the information of the webinar"Marian Sterling (STS LLC)
"Excellent presentation packed with a wealth of information for practitioners to help the client report Crypto-currency transactions, correct non-compliance, and avoid costly tax penalties. I could have stayed for an additional hour to learn more."Colleen Walsh (Colleen M. Walsh, CPA)
"Tax Aspects of Cryptocurrency and Correcting Noncompliance was an interesting introduction to the new world of Cryptocurrency. This is something all accountants need to know about."Nicholas Strnad (Worldpay)
"Lawrence expertly captured the enormous size of cryptocurrency tax noncompliance and provided actionable strategies to identify and remediate these tax issues."Rhonda Huston (Self Employed)
"Sad the course had to be shortened, very interesting material and he really knew his topic! Quite intrigued, could have listened for quite a lot longer!"Brenda Boyd (Boyd Services)
"This webinar was interesting and informative. I learned a lot of new information and hope to participate in more webinars by this presenter soon."Gabrielle Voorhees (IPMA-HR)
"Very interesting topic. The presenter delivered his presentation in a fast, articulate manner and covered alot of information in one hour."Nittaya Pichedvanichok (NP International Real Estate & Investment)
"This is one of the Kind Seminar that everyone should attend to learn NOT to owe IRS while investing CRYPTOCURRENCY"
McCarter & English, LLP
Attorney
lsannicandro@mccarter.com
9736392081
Lawrence (“Larry”) Sannicandro is an associate in the Tax, Employee Benefits & Private Clients Practice Group who concentrates his practice on tax controversy and tax planning matters. He represents businesses, estates, trusts, and individuals at all stages of tax controversies, including in audits, before the IRS Office of Appeals, and in litigation before the United States Tax Court, the U.S. Court of Federal Claims, the U.S. District Courts, and the U.S. Courts of Appeals.