This session will cover the two distinct topics: 1) mortgage interest rate trends and housing values and 2) the most important updates occurring in 2023 with regards to crypto asset accounting and the evolving crypto tax landscape
DESIGNED FOR
All CPAs
BENEFITS
Gain a better understanding of lending/borrowing options and other mortgage-related topics. Also, learn the current state of the blockchain and crypto marketplace, pending regulatory changes, and tax implications of crypto investing/implementation for client advisory purposes.
HIGHLIGHTS
The Economy
- Overview of the U.S. and U.S. and global economy
- Current federal government programs
- Inflation/job market/unemployment and its impact on housing
- Real estate market
- Still location that determines value
- Home price determination
- The current outlook for commercial properties
- Appraisal valuations in a declining market
Credit
- Three credit bureaus
- Credit scores
- Credit repair
Lending/Borrowing Options
- Overview of current guidelines
- How to qualify
- No income loans-bank statement and asset based (self-employed)
- Refinance
- Reverse mortgages
Other Mortgage-Related Topics
- Annual mortgage review
- Mortgage insurance
- Consequences of buying and selling
- Home equity line of credit
- Credit report monitoring
- Appropriate times to consider refinancing
- Commercial lending
Crypto Assets
- Update on various crypto assets
- The Ethereum merger and stable coin proliferation
- Smart contract development
- Lessons from the 2022 tax seasons for crypto investors and their advisors
- Market update around the blockchain and crypto asset space
- Review of FASB progress of codifying crypto-specific accounting standards
- Regulatory trends for crypto assets
- Tax season recap and lookup for practitioners
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None