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The Sharing Economy including Cryptocurrency - OC South 1.28.20
The Vintage Steakhouse
26701-B Verdugo St.
San Juan Capistrano, CA 92675
Tuesday, January 28, 2020, 5:30 PM - 8:45 PM PDT
Category: Chapter Meetings

The Sharing Economy including Cryptocurrency
Orange County- South Chapter Meeting

Date/Time:

Tuesday, January 28, 2020
5:30 p.m. - 8:45 p.m.

Location:

The Vintage Steakhouse
26701-B Verdugo St.
San Juan Capistrano, CA 92675
Free parking in the lot in front of the restaurant. There is reserved free restaurant parking to the right of the restaurant, in the adjacent parking lot. Parking is available in the parking structure at the end of the street, but payment may be required (sorry).

Topic: The Sharing Economy including Cryptocurrency

Airbnb, Uber, Ebay, Bitcoin. These are just a few of the new business models popular with millennials that are a part of the “Sharing Economy”. Learn how to properly report all these “new” economies on a tax return, including how to determine if they qualify for the 20% QBI deduction. Cryptocurrency this hot new topic is something that every tax professional needs to learn in order to better serve their clients, today and in the future. The IRS has issued guidance on cryptocurrency, now how to report on a tax return, and the FinCen requirements. We’ll also learn the important questions to ask our clients and what documentation is needed to prepare a crypto tax return.

Learning objectives in this class you will learn how to:

  • Properly report these “new” economies on a tax return
  • Determine whether these new businesses qualify for the 20% QBI deduction
  • Advise clients regarding classification of workers, including the new California AB5
  • Properly report cryptocurrency transactions

Presenter: Karen Joyner, EA

Karen Joyner, EA started preparing taxes in 1988, opening her own practice in 1993, and earning her Enrolled Agents license in May 1995. Karen is active in local chapters of many professional organizations, including having served as President of the San Diego East County Chapter of CSTC, Chairperson for several CSTC education workshops, and Director of the education committee for the CSEA San Diego chapter. Karen enjoys teaching others and finding the best approach to get clients the best possible tax outcome. She welcomes the challenge of representing clients before the IRS, Franchise Tax Board, and CDTFA (California Department of Tax and Fee Administration) to settle their collection or audit needs. Karen works with Lisa Ihm, EA and Brass Tax Presentations providing professional education to tax professionals throughout California and all over the US. Karen practices in Coronado, California and can be reached by e-mail at [email protected]

CPE Information:

2 Federal Tax Law Hours

IRS: 18QC1-T-01312-19-I
CTEC: 1000-CE-4697

Knowledge Level: Intermediate

Registration:

Member: $40
Non-Member: $60
Late Registration Fee (Member): $50
Late Registration Fee (Non-Member): $60
Date Late Registration Fee Applies: 1/25/2020


This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.

Contact: EMAIL to Michael Locke ([email protected])