A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...

The IRS has released a draft of Form 1099-DA, Digital Asset Proceeds From Broker Transaction. The form is the next step in the agency’s efforts to bolster crypto tax reporting and follows proposed ...

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

Brokers and their investor customers in digital assets should prepare, and tax professionals should prepare to assist, with reporting proceeds from certain digital asset transactions. See IRS ...

The Internal Revenue Service and the Treasury Department issued a set of proposed regulations Thursday aimed at making it simpler for digital asset and cryptocurrency brokers to provide the new Form ...

Naga Palanisamy, President and CEO of SPAN Enterprises (the parent company of TaxBandits), shared, “The 2025 tax season is one of the most critical in recent years, with new forms, and updated ...

Every tax form that arrives in your mailbox or brokerage account inbox between January and mid-February tells the IRS a story about your money. Fidelity Investments just published a detailed breakdown ...