Tag: IRS regulations
New IRS Crypto Tax Form Released for Industry Feedback
The U.S. Internal Revenue Service (IRS) has recently unveiled a new tax form specifically designed for crypto investors who utilize brokerage accounts. This updated form, known as the 1099-DA, aims to simplify the process...
U.S. Treasury Announces Crypto Tax Rules for 2025, Delays Non-Custodian Regulations
The U.S. Department of the Treasury's Internal Revenue Service has announced new tax rules for cryptocurrency transactions that will take effect in 2025. Crypto brokers will be required to file 1099 forms similar to...
