Course Description

This 1-hour CPE course offers a general educational framework for the accounting complexities of TGEs. Attendees will gain insights into structuring considerations for TGEs with DAOs, Foundations, and US Labs, understand critical tax implications for digital assets, and adopt best practices for wallet hygiene. We’ll explore emerging issues like potential tax treatments across L1s and L2s (with Arbitrum as a key example) related to wrapped tokens, derivative tokens, and leveraging tokens as collateral for DeFi protocols. Additionally, we'll touch on other anticipated trends for digital assets in 2025, including the potential for digital asset tax legislation. Designed to flag potential challenges and provide actionable strategies, this webinar empowers companies to prepare for the new landscape of TGEs, getting ahead of strategic considerations before diving into the fray.

This course fulfills CPE objectives.

After this course, learners should be able to:

  • Analyze the tax implications of TGEs for DAOs, Foundations, and US Development Companies

  • Evaluate emerging tax treatments for digital assets, including L1 and L2 token use and bridging

  • Apply wallet hygiene best practices for tax reporting and risk reduction

  • Discuss anticipated digital asset tax legislation and its impact on TGE strategies

  • Understand how RevProc 2024-28 influences accounting for token issuance and custody

Your Instructors

Get to know the expert contributors to this course

Jack has more than 14 years of experience providing federal income tax advisory and compliance services to public and privately held companies in blockchain and digital assets, private equity, retail, manufacturing, media and entertainment, and technology. Jack serves as a core point of contact for management teams, assisting with indirect tax, international tax, accounting methods, multistate planning, business combinations, and research of tax issues affecting overall business transactions to optimize tax operations. Jack is experienced in accounting for income taxes, corporate, flow-through, and individual tax planning. Jack focuses in technical issues involving portfolio companies with digital assets within web 3.0, ranging from financial services and NFTs, to Bitcoin mining operations. Jack has consulted digital asset native companies as a startup and assisted them in expanding operations globally. He has also assisted Fortune 500 companies bridge into Web 3 and enter the digital assets space with new product offerings. Jack focuses on consulting companies with improving cash flow, identifying federal and state tax credits/incentives, generating tax refund opportunities, and mitigating tax risks including compliance with new laws.

Jack Karagulleyan, CPA

Tax Principal at BDO

Your Instructors

Get to know the expert contributors to this course

Rodrigo Seira advises privately held and publicly traded emerging companies through their corporate lifecycle, working primarily with clients leveraging novel technologies including blockchain, distributed networks and digital assets. Rodrigo also represents funds and strategic investors in connection with their investments and acquisitions. Before joining Cooley, Rodrigo practiced at one of the country’s first blockchain-focused boutiques and at a leading international law firm.

Rodrigo Seira, JD

Special Counsel at Cooley

Your Instructors

Get to know the expert contributors to this course

Pat White is the Co-Founder and CEO of Bitwave, the leading digital asset finance platform for enterprises. Under his direction, Bitwave has become the go-to solution for automating accounting workflows, ensuring regulatory compliance, and simplifying digital asset payments for businesses. As a seasoned software engineering leader, Pat brings over a decade of experience building enterprise software at top companies like Intuit, Microsoft, Five9, and Fortify Software (now HP Security). In 2009, he launched Ally Software, a successful enterprise software consulting firm, before founding Synata, an innovative enterprise search engine acquired by Cisco in 2016. Pat is also a recognized contributor to the Bitcoin and Ethereum codes. He remains active in several leading on-chain projects and co-hosts The DeFi Daily podcast. Pat proudly holds a degree from the University of Southern California.

Pat White

CEO & Co-Founder at Bitwave

Course curriculum

    1. Course Materials

    2. Module 1: Digital Asset Trends in 2025

    3. Module 2: Key U.S. Tax Considerations for Digital Assets

    4. CPE Review Questions

    5. Module 3: A Closer Lens on Token Genesis Events (TGEs)

    6. CPE Review Questions

    7. Module 4: Other Tax Considerations and Digital Asset Legislation in 2025

    8. Module 5: Wallet Hygiene and Tax Considerations

    9. CPE Review Questions

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

About this course

  • 10 lessons
  • 1 hour of video content
  • 1.0 CPE Credits (Tax)
  • No prerequisites

Other CPE Info

  • Program Level

    Intermediate

  • Advance Preparation

    None

  • Delivery

    QAS Self Study

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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.