1099-DA Future of Crypto Regulation Under Trump Administration: Repeal, Reform, or Retreat? Cryptocurrency has always been a volatile world with continuous innovation and corresponding regulatory uncertainties. With the continued growth of the… Read More February 14, 2025
Exploring the IRS Notice 2023-27: Unraveling the Tax Treatment of Non-Fungible Tokens as Collectibles Discovering the complexities of tax regulations surrounding NFTs has become crucial for creators, investors, and enthusiasts alike. In this comprehensive… Read More May 19, 2023
IRS Updates Guidelines on Bitcoin Treatment: What You Need to Know Learn how the IRS is adapting to the changing landscape of digital currencies and what it means for taxpayers. Discover… Read More May 3, 2023
1099-DA Update: The IRS Is Creating A New Form 1099-DA For Cryptocurrency Reporting Everything you need to know about the new IRS tax form 1099-DA. At first, it was the restoration of Form… Read More September 8, 2022
1099 Forms Crypto Exchanges: Simplify Your Tax Compliance And Due Diligence Processes With Tax1099 Here’s how Tax1099 simplifies your due diligence and tax compliance experiences. Crypto exchanges deal with a variety of customers. Some… Read More June 28, 2022
1099 Forms How To Figure Out The IRS Reporting Requirements For Cryptocurrencies In 2023? Here’s everything you need to know about the new crypto exchanges reporting requirements for cryptocurrency transactions in the 2023 tax… Read More May 11, 2022
1099 Forms What Is IRS Form 1099-K 2022: What Crypto Exchanges Should Know About It? Note: IRS delays the rollout of the $600 threshold for 1099-K reporting. The threshold for Form 1099-K remains at $20,000… Read More April 20, 2022
Cryptocurrency Crypto Exchanges Must Use Form W-9 For Taxpayer Identification Numbers and Backup Withholding Here are three major reasons why crypto exchanges are inclined to use Form W-9. Taxpayer Identification Number (TIN) is one… Read More April 19, 2022
Challenges Of Crypto Tax Reporting With Form 1099-K For Cryptocurrency Exchanges Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with… Read More April 12, 2022
Form 1099-B For Cryptocurrency Reporting: Brokerages & Other Financial Activities A simple guide to help you understand the importance and uses of IRS Form 1099-B when you invest in crypto… Read More September 16, 2021