On-Demand: Tax Summit - Day Trader & Office In The Home
IRS Program #: X9QQU-T-01001-23-S, X9QQU-T-01002-23-S
CTEC #: 6257-CE-0179, 6257-CE-0180
CTEC #: 6257-CE-0179, 6257-CE-0180
CE: 2 IRS & 2 CTEC credits
Materials
Day Trader
Course Description
Many clients think of themselves as “Day Traders,” but do they meet the IRS definition? An examination of Tax Trader Status and the Mark-to-Market election for high volume traders. We’ll also explore some tax court decisions in this area in order to best prepare your clients for an IRS challenge.
Course Description
Learning Objectives
- Identify different tax treatment options for day traders.
- Evaluate appropriate treatment for clients.
- Analyze trader rulings made by the courts.
- Interpret the reasoning behind decisions made in those cases.
Office In The Home
Course Description
The number of taxpayers working from how has been increasing in recent years, especially in light of the Covid-19 Pandemic. An investigation into Office in the Home rules, with an emphasis on self-employed taxpayers. We will also cover home offices for entities, along with accountable plans, and taxpayers in the trade or business of real estate rentals.
Learning Objectives
- Identify the differences in home office treatment for varying situations.
- Evaluate individual taxpayer scenarios to apply home office rules.
- Analyze historical court rulings to inform decision making.
- Assess entity criteria for applicability for an accountable plan.
This presentation is 2 courses in one!
Presenters
Matthew Metras, EA
Matt Metras, EA is the owner of MDM Financial Services in Irondequoit, NY. He has been practicing since 2003 and specializes in bookkeeping and taxation for cryptocurrency clients. He is a frequent guest on the Bitcoin Taxes podcast. He has instructed on Cryptocurrency Taxation for the National Association of Enrolled Agents, The American Institute of Certified Tax Planners and many other organizations and is a contributing writer for thinkoutsidethetaxbox.com. Matt serves on NAEA's Governmental Relations Committee and Diversity, Equity and Inclusion Task Force. Additionally, he is an administrator of the “Bitcoin & Cryptocurrency Tax Info” Facebook group and a moderator of the r/cryptotaxation subreddit. Matt is also a passionate community advocate and serves on his local Board of Education.
Matt Metras, EA is the owner of MDM Financial Services in Irondequoit, NY. He has been practicing since 2003 and specializes in bookkeeping and taxation for cryptocurrency clients. He is a frequent guest on the Bitcoin Taxes podcast. He has instructed on Cryptocurrency Taxation for the National Association of Enrolled Agents, The American Institute of Certified Tax Planners and many other organizations and is a contributing writer for thinkoutsidethetaxbox.com. Matt serves on NAEA's Governmental Relations Committee and Diversity, Equity and Inclusion Task Force. Additionally, he is an administrator of the “Bitcoin & Cryptocurrency Tax Info” Facebook group and a moderator of the r/cryptotaxation subreddit. Matt is also a passionate community advocate and serves on his local Board of Education.
Continuing Education
This course qualifies for IRS and CTEC Continuing Education Hours. NAEA reports IRS/CTEC CE on a monthly basis. If you have not received your CE Hours in your IRS PTIN Account by the end of the month after receiving the certificate, please contact NAEA at
education@naea.org. IRS Requirements for live webinars require at least 50 minutes per hour of attendance and answering 3 out of the 4 polling questions. For on-demand, you must watch the full video, answer the knowledge check, and pass the assessment with a score of 70% or above. No partial CE is offered.
Webinar Refund Policy
To request a refund, contact the NAEA education team via email at
education@naea.org. An NAEA education team member will review the request for a refund. If the refund request has been approved, the refund will be refunded on the same method of purchase. Live Webinars, also offered On-Demand will not be refunded.