Nelson Mullins Riley & Scarborough LLP partner Tim Wagner recently participated in a webinar titled "Tax Implications of Cryptocurrency Mining: IRS Guidance, Entity Structures, Tax Traps, Identifying Taxable Events," hosted by Strafford Webinars. The webinar took place on April 13, 2023, at 2:30 p.m. 

The webinar covered a range of cryptocurrency mining topics including the income tax reporting requirements for cryptocurrency mining, exchanges, and valuations, the major tax pitfalls to avoid and other challenges for cryptocurrency mining and investments, and the best practices in managing an IRS examination. 

Tim represents individuals and businesses in all aspects of tax controversy matters, as well as corporate transactions and tax planning, and general business advice. He represents clients in federal and state tax audits, tax litigation, and federal and state tax collection matters. He advises and provides counsel on both foreign and domestic tax compliance, voluntary disclosure matters, excise tax issues, tax fraud, and other white-collar cases.