Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...

In 2021, Congress enacted the Infrastructure Investment and Jobs Act (IIJA), P.L. 117-58, which requires brokers to report digital asset transactions to the IRS and taxpayers. In enacting the IIJA, ...

Ayatollah Ali Khamenei, Iran's supreme leader since 1989 and sworn enemy of the West, was killed in the opening salvo of a massive US and Israeli attack, sparking a new wave of retaliatory missile ...

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 ...

'You could do it the right way and not have the possibility of things blowing up in your face' It's a touchy time for crypto investors. Headaches from the IRS will not help. Cryptocurrency exchanges ...

The IRS has introduced Form 1099-DA to standardize crypto tax reporting starting in 2025. This new form will be used to report proceeds from cryptocurrency and NFT transactions. Crypto exchanges in ...

The new 1099-DA form will track crypto trades like stock sales. Crypto traders need to report their cost basis for each separate exchange or wallet. These rules could make cryptocurrencies more ...