Course Description

This 1-hour CPE course provides a deep dive into IRS 1099-DA reporting, OECD CARF compliance, and SEC guidance on digital asset custody. Participants will learn key reporting requirements, differences between U.S. and global tax frameworks, and best practices for tracking and reconciling crypto transactions. Designed for tax professionals, accountants, and financial leaders, this course ensures you stay ahead of regulatory changes and maintain compliance in the digital asset space.

This course fulfills CPE objectives.

After this course, learners should be able to:

  • Explain the IRS 1099-DA reporting requirements for custodial brokers and how they impact digital asset taxation.

  • Compare the IRS 1099-DA rules with the OECD CARF regulations, highlighting key differences in compliance and reporting scope.

  • Analyze the regulatory challenges in implementing digital asset reporting, including DeFi exemptions and cost basis tracking.

  • Assess how enterprises can prepare for IRS and CARF tax compliance, including due diligence, cost basis tracking, and tax form collection.

  • Evaluate the impact of SEC guidance (SAB 121 & SAB 122) on digital asset custody, accounting, and financial institutions.

  • Apply digital asset reporting strategies to real-world enterprise compliance challenges, ensuring accurate tracking and reconciliation.

Your Instructors

Get to know the expert contributors to this course

Danny is an Associate Director with ten years of international tax experience and over two years of experience in the digital asset industry. Danny has extensive experience in the challenges arising from the taxation of crypto assets and how software solutions can assist with compliance. Danny has contributed to global digital asset tax policy discussions, including with the IRS, OECD and HMRC as part of their implementation of forthcoming digital asset tax reporting requirements. This includes the IRS Digital Asset Broker Reporting requirements and OECD’s Crypto Asset Reporting Framework (CARF). Danny completed his Chartered Accountant (ACA) and Chartered Tax Advisor (CIOT) qualifications whilst working with Deloitte UK’s International Tax team.

Danny Talwar

Associate Director, Digital Assets SME at S&P Global Market Intelligence

Your Instructors

Get to know the expert contributors to this course

Joe is Bitwave’s VP of Customer & Partner Success. He is a CPA, a Certified Fraud Examiner, and he joined Bitwave after spending 12 years in public accounting. Joe loves working with Bitwave’s network of customers and partners to help them bridge the gap between the digital asset economy and traditional accounting and finance.

Joe Dillon, CPA

VP of Customer and Partner Success

Your Instructors

Get to know the expert contributors to this course

Christopher Liguori is an Executive Director with over twenty years of industry experience. He is responsible for providing tax services and assistance to customers in the financial services industry, concentrating on the issues presented by more complex financial products and digital assets. Prior to joining S&P Global, he was the Managing Director of State Street’s FATCA and CRS Administrative Service, and a tax director at both Chilton Investment Company and PricewaterhouseCoopers LLP. He served as an Adjunct Instructor at New York University, teaching Partnership Taxation. Mr. Liguori holds a Bachelor of Science degree in Finance and Management; and a Master of Science degree in Accounting from The University of Rhode Island. He also holds a Juris Doctor from the Columbus School of Law at The Catholic University of America.

Chris Liguori

Executive Director, Tax SME at S&P Global Market Intelligence

Course curriculum

    1. Course Materials

    2. Course Introduction

    3. Module 1: 1099 DA Requirements

    4. CPE Review Questions

    5. Module 2: OECD CARF

    6. CPE Review Questions

    7. Module 3: Tax Reporting and Your Tech Stack

    8. CPE Qualified Assessment - Pass this assessment to earn CPE!

About this course

  • 8 lessons
  • 1 hour of video content
  • 1.0 CPE Credits (Tax)

Other CPE Info

  • Program Level

    Intermediate

  • Advance Preparation

    None

  • Delivery

    QAS Self Study

  • Prerequisites

    Familiarity with accounting principles and taxation concepts

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BitAlpha, Inc. (Sponsor ID #148962) 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.