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Happy holidays! The WSCPA will be closed December 23-27th.

Need last-minute WBOA-required ethics credits? Check out this self-study program: Washington Ethics and New Developments with Mark Hugh 2024 - ON DEMAND

Cryptocurrency Client Concerns FLEXCAST

Available Until

Your Desk

1.0 Credits

Member Price $66.00

Non-Member Price $76.00

Overview

This course offers an invaluable opportunity for professionals to deepen their understanding of the complex world of cryptocurrency taxation, particularly in the context of the new infrastructure bill. This course covers a range of critical topics including the ethical implications of advising clients on crypto adoption, the practicalities of setting up cryptocurrency as a payment method, and the innovative uses of blockchain in smart contracts. Participants will benefit from a thorough analysis of how the infrastructure bill is reshaping the landscape of cryptocurrency taxation and learn strategies to plan for potential changes in reporting. This course not only enhances your knowledge of the foundational elements of cryptocurrency but also equips you with the insights needed to navigate the shifting terrain of cryptocurrency taxation confidently.

Highlights

Crypto adoption ethical concerns. Blockchain uses. Cryptocurrency taxation. Cryptocurrency reporting changes.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents and attorneys.

Objectives

Understand the ethical concerns about advising your clients on crypto adoption. Evaluate setting up Cryptocurrency as a payment method. Explore the Blockchain use cases, specifically how it’s used for smart contracts. Understand the current outlook for cryptocurrency taxation due to the infrastructure bill. Plan for possible offset changes targeting cryptocurrency reporting . Gain familiarity with the foundational elements of Cryptocurrency.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.

Leader(s):

Leader Bios

Shehan Chandrasekera, Western CPE

Shehan Chandrasekera is a Certified Public Accountant in the state of Texas and New Jersey. He specializes in business and individual tax planning and consulting for small businesses. Shehan has a broad tax knowledge of various industries including, Real Estate, Construction, E-commerce, Healthcare, Manufacturing & Distribution and the emerging Blockchain related industries.

Before starting his career at JAG CPAs & Co, Shehan worked for several regional and national public accounting firms for a number of years. His ability to dissect the tax code and innovative thinking have immensely contributed to his rapid professional growth. After a successful career helping many clients at different firms, Shehan pursued his lifelong dream of becoming an entrepreneur by joining JAG.

Shehan is also a published author. His recent article on “Virtual Currency and Tax Ramifications” was featured in “The Tax Adviser” magazine sponsored by AICPA. He was one of the first CPAs to have a published academic article on Cryptocurrency.

Shehan graduated from William Paterson University, NJ as the salutatorian of his graduating class. After migrating from Sri Lanka to New Jersey and spending a few years in the east coast, he moved to Houston to be close to his family. Aside from being an Accountant, Shehan enjoys rock climbing, spending time with his family and reading.

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Non-Member Price $76.00

Member Price $66.00