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Demystifying Digital Assets: Legal, Taxation, and Accounting Considerations

DEMYSTIFYING DIGITAL ASSETS: LEGAL, TAXATION, AND ACCOUNTING CONSIDERATIONS

Cost Free
Presentation Length 1.0 hour

Recorded DateJanuary 8, 2025
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaSpecialized Knowledge
Course LevelBasic
Course Description

In a rapidly evolving digital asset industry, companies face intricate legal, financial, and tax challenges unique to this sector.

This course delves into the complex legal, financial, and tax challenges faced by companies in the digital asset industry. Unlike traditional dollar-denominated businesses, digital asset enterprises encounter unique issues that require specialized knowledge. 

This course is intended to provide professionals with an understanding of the underlying technology and the industry it supports, as well as specific tax and legal considerations that routinely arise. 

Participants will gain valuable insights and practical advice on advising digital asset startups, equipping them with the expertise needed to navigate this rapidly evolving sector. 

Learning Objectives:


  • Evaluate entity structures and key legal issues faced by digital asset enterprises

  • Recognize accounting methods and software tailored to the digital asset industry

  • Determine standard tax treatment and address common valuation and tax issues

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Mark DiMichael, a partner in the valuation and forensic services department, specializes in litigation support and valuation services. His expertise includes divorce litigation, economic damages analysis, fraud investigation, cryptocurrency, white-collar criminal defense, and business appraisals. Mark has prepared and rebutted expert reports and has experience working with companies in a wide range of industries. He has also provided expert testimony related to economic damages.

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Kyle is a Partner with FRB’s Corporate & Securities Practice Group, and with the Digital Assets Practice Group. Kyle’s practice is focused on corporate and private securities matters, serving clients as lead counsel on all types of corporate transactions including private placements, mergers, acquisitions, joint ventures, corporate finance, planning and strategies, licensing, manufacturing, supply, and distribution arrangements. He provides dedicated hands-on personal support to clients from negotiation to closing and beyond.

About Our Presenter

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Citrin Cooperman is one of the nation’s largest professional services firms. Since 1979, the firm has steadily built its business by helping companies and high-net-worth individuals find practical, actionable solutions to help them meet their short-term needs and long-term objectives. Citrin Cooperman clients span an array of industry and business sectors and leverage a complete menu of service offerings. Citrin Cooperman & Company, LLP (a licensed independent CPA firm that provides attest services) and Citrin Cooperman Advisors, LLC (which provides business advisory and non-attest services) operate as an alternative practice structure in accordance with the AICPA’s Code of Professional Conduct and applicable law, regulations, and professional standards. The entities include more than 400 partners and 2,400 total professionals.

Learn more about Citrin Cooperman here: www.citrincooperman.com