All about the Revenue Procedure 2024-28
Explore our conversation with crypto accounting experts. From DeFi Accounting, Regulatory updates and Enterprise Web3 Accounting. Learn from industry key opinion leaders at the forefront of digital asset accounting and financial management.
IRS’s Revenue Procedure 2024-28 is already published and there's not a lot of time to postpone our updates. Join Patrick Camuso to discuss this essential update impacts all crypto businesses and investors, requiring account-based cost basis accounting. Learn about the Safe Harbor for previous transactions and how to avoid compliance challenges by preparing before the January 2025 deadline.
- Shift from universal to account-based crypto cost basis reporting
- Safe Harbor for 2024 and earlier transactions
- Importance of accurate cost basis tracking and tax lots
- January 1, 2025 IRS compliance deadline
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