Thomson Reuters Presents:
Tax compliance for Bitcoin and virtual currencies
OnDemand


Summary

Global uncertainty over the last year has made cryptocurrencies like Bitcoin and Dogecoin skyrocket in popularity and value. These new virtual mediums present alternative methods to buying and saving, but how does it impact taxes? The IRS estimates 18-21 million taxpayers will need to consider crypto when filing their return, and firms need to be armed with the knowledge and tools to navigate the new world of crypto-compliance. Join Thomson Reuters’ Shaun Hunley and Ledgible’s John Wandrisco for an expert discussion on navigating the compliance complexities of cryptocurrency.

Our cryptocurrency experts will provide you with insight into the world of virtual currencies, so you can better serve your clients. From the very first days of bitcoin in 2008 to the present reality of the bull/bear market cycles, they will discuss the tax consequences of cryptocurrency, and give you answers on specific issues, like the dreaded virtual currency question on the 1040 form and how to avoid the crypto digital shoe box.


Speakers:


Shaun Hunley
Executive Editor
Thomson Reuters

Shaun is an author and executive editor for Checkpoint and has been with Thomson Reuters for over five years. His articles can be found in PPC’s Practitioners Tax Action Bulletins and Quickfinder’s Tax Tips Newsletter.

Prior to joining Thomson Reuters, Shaun spent over ten years with national accounting firms. Early in his career, Shaun led research and development tax incentive studies for Fortune 500 companies. Following this, he specialized in tax due diligence, corporate restructurings, and international tax compliance and planning. Shaun also has extensive experience in advising small businesses and closely held companies on a variety of tax matters.

Shaun received a J.D. from Texas Tech University School of Law and an LL.M. in Taxation from New York University School of Law. In 2018, he was named a “tax expert to watch” by Accounting Today.

John Wandrisco

Verady

John Wandrisco leads the Tax & Accounting firm operations at Verady and has 20+ years of experience in Tax Technology. In this role, his focus is to help individuals, businesses and professionals with the tools and technology to integrate crypto into their tax and accounting processes. Prior to joining Verady, John held several product, technical and business leadership roles at Thomson Reuters.

John has a BBA in Accounting from the University of Texas, San Antonio. He lives in Flower Mound, TX with his wife and two kids, enjoys spending time with his family, various outdoor activities and traveling in his free time.


© 2021 Thomson Reuters. All rights reserved.