The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Beginning ...
Donnelly concluded that traders who have not been reporting their crypto activity face increasing risk as the IRS and foreign ...
The U.S. Internal Revenue Service (IRS) has previewed what crypto investors' future tax form might look like when it finishes its much-debated rule on how cryptocurrency transactions should be ...
The basics of reporting digital assets, including crypto, on your taxes. Credit: Mashable composite; RomanR, Ja Crispy / Shutterstock.com If you've been dabbling in digital assets, you may be tempted ...
When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not ...
The Internal Revenue Service previewed a draft version of the Form 1099-DA on Friday for crypto brokers reporting on the proceeds of digital asset transactions to their customers. The form is the ...
The U.S. Internal Revenue Service (IRS) has unveiled an updated draft of the 1099-DA tax form, which crypto brokers and investors will use to report certain transactions. The revised version, set to ...
The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting. The Chamber of ...
How Will Form 1099-DA Change Crypto Reporting? Bridging Cryptoasset Reporting Gap with ByAllAccounts Looking Ahead The IRS’ introduction of the new digital asset Form 1099-DA, slated for ...
Cybercriminals are targeting cryptocurrency owners with a new scam, sending emails that contain a fake tax form. The form asks recipients to provide not only details of their crypto holdings but also ...
The new U.S. tax form for crypto investors' brokerage accounts is out, and it's been narrowed in significant ways from an earlier version. Crypto's 1099 form will "bring more ease and clarity" for ...
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