Course Description:

The IRS and U.S. Treasury have released final digital asset tax reporting regulations, confirming that digital assets are treated as property for federal tax purposes and that taxpayers must accurately report all digital asset activity on their tax returns. Despite this guidance, unresolved issues related to valuation, transaction tracking, and reporting continue to create uncertainty for both taxpayers and their advisors.

As crypto assets become increasingly common in personal and professional use, this course addresses ongoing compliance challenges, reporting ambiguities, and common client issues. Participants will gain a clearer understanding of digital asset transactions and practical, actionable guidance to help navigate this fast-moving and complex tax landscape with confidence.

Session Highlights:

• Taxation of crypto assets
• Understanding the New Digital Asset Broker Reporting Rules
• How does the federal tax code treat digital assets
• Federal taxation vs. international taxation of digital assets
• State taxation vs. federal taxation of digital assets
• Identify IRS guidance on digital assets as well as open issues and how to deal with them
• Evaluate the impact of Form 1099-DA and other compliance obligations
• IRS reporting requirements, including Form 1040 disclosures
• Explain the tax treatment of mining, staking, hard forks, and losses
• Describe questions to ask clients who invest in digital assets to best ensure they are following proper tax compliance
• Identify legislative proposals on taxation of digital assets and why offered

Learning Objectives:

• Regulatory Updates: The latest on regulations, Executive Orders, and the current state of the rules.
• Industry Focus: Where the industry has concentrated its efforts and the progress made.
• Global Requirements: An overview of international standards and compliance.
• Future Expectations: Closing thoughts on the evolving nature of digital asset reporting.
• Understanding the Role: What is expected from a crypto tax technician in today’s landscape.

Credits and Other information:

• IRS CPE Credits: 2.0 TAX

• Location: Virtual/Online

• Delivery method: Group Internet Based

• IRS Course ID: DFFSC

• Attendance Requirement: Yes

• Session Duration: 2 Hours

• Case Studies and Live Q&A session with speaker

• PowerPoint presentation for reference

Who Will Benefit:

• CPAs and Enrolled Agents
• Tax Attorneys and Legal Professionals
• Compliance Officers
• Financial Advisors
• Business Owners and Executives
• Anyone involved in IRS compliance or dispute resolution

Speaker : Warren M Bergstein

With over 45 years of experience in tax planning, estate and trust planning, administration, financial planning, and accounting, Warren M. Bergstein brings unmatched depth and insight to every presentation.

He is the President of Warren M. Bergstein CPA, PC and the founder of Planning for the Unexpected. Warren also serves as a Principal at AKM Advisors and is a former Senior Manager at Ernst & Young.

A dedicated educator, he has taught as an Adjunct Professor of Accounting and Taxation at Rutgers University and New Jersey City University. He is also a frequent and well-regarded speaker for organizations such as the New York State Society of CPAs, the Financial Planning Association (NY and Long Island Chapters), New York University and Pioneer Educator.

Warren is a contributing author to Marshall Loeb’s Money Guide, The CPA Journal, and Taxation. He remains deeply involved in the profession as an active member and past officer of several prominent organizations, including the New York State Society of CPAs, Institute of Management Accountants, Financial Planning Association, Estate Planning Council, Tax Society of New York University, and the Accountants’ Club of America.

Outside of his professional commitments, Warren is an avid fan of local sports teams, a passionate reader of biographies and current-events literature, and a devoted family man.