Available with CPE SelectOnline
# of CPE Credits
2
Description
Non-fungible Tokens (NFTs), unique, identifiable digital assets based on blockchain technologies, have become a fast-growing industry. This course will provide a background on how NFTs came into the mainstream marketplace. These materials will assist the practitioner to understand the tax implications of the creation, purchase and sale of these assets.
Required Knowledge: None
Advanced Preparation: None
Who Should Attend: This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs
Objective
- Be able to define NFTs and describe how they are created.
- Develop a working knowledge of how NFTs are recorded and transferred.
- Determine what type of transaction involving an NFT creates a taxable event.
- Be able to identify how NFTs are classified.
- Discuss the current legislative environment and actions taken to regulate NFTs.
- Become knowledgeable of current enforcement actions employed by the IRS.
Credit Types
- Taxes: 2
Event Speaker(s)
Event Level:Basic
Event Code:ODX04325
Event Vendor:CPA Crossings, LLC
Fields of Study:Taxes
Other fields:
- NCACPA On Demand 365
Registration Fees
| Registration | Type | Price |
|---|---|---|
| On Demand (2 hours) | Members | $100.00 |
| On Demand (2 hours) | Non Members | $225.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.