Virtual Currency Transactions

General Description:

Participants will learn about digital money as virtual or cryptocurrencies in today’s electronic world. This course will begin by explaining current and emerging technology, new related vocabulary, and how virtual money networks operate. Then the status of regulation of this industry and taxation will be examined. This basic understanding of virtual currency transactions will help practitioners serve and advise clients.

Learning Objective:

After completing this course, the participant will be able to:

• Explain the fundamentals of virtual currency, including several different types.
• Identify and explain where virtual currency may be seen in client portfolios.
• Describe potential tax issues for clients using virtual currency.

Instructors:

Brian F. Huebsch is a tax attorney and director with the Denver law firm of Ireland Stapleton Pryor & Pascoe, PC. During his 20-year practice he has represented hundreds of taxpayers in resolving civil and criminal disputes with federal, state, and local taxing authorities, as well as representing members of the accounting profession in all manners of disciplinary proceedings and malpractice claims. He earned his bachelor's degree at the University of California Santa Cruz and law degree at the University of Denver College of Law. He is a sought-after lecturer for continuing professional education seminars and is a past adjunct professor at the University of Denver Graduate Tax Program.

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