Digital Ascension Group has partnered with specialized CPA firms to offer crypto tax services for individuals and businesses.
Crypto tax platform, Awaken Tax, polled 1,000 crypto holders about a radical shift from self-disclosure to automatic reporting of transactions.
Form 1099-DA is used by brokers to report proceeds from digital asset dispositions to a user and the IRS.
Cryptocurrency exchanges are moving to a new way of reporting users’ profits to the IRS — and the switch could expose investors to a steeper tax bill if they aren’t careful. A tax form that’s more ...
Filing digital assets comes with a new 1099-DA IRS form this tax season. 401 Financial CEO Tyrone Ross Jr. joins Market Catalysts host Julie Hyman to explain what crypto investors need to know about ...
Paying taxes on cryptocurrency can feel like navigating uncharted waters. Andy Phillips, VP of the Tax Institute at H&R Block, joined TheStreet to discuss how to approach paying taxes on your ...
In light of the approaching April 15 tax filing deadline, this week’s update highlights recent developments in U.S. federal tax policy that may impact crypto firms and crypto holders. In December 2024 ...
As cryptocurrency continues to gain adoption, with many countries recognizing it as a form of tender, it becomes important that traders, investors, and other entities using crypto become familiar with ...
'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 ...