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Tag: IRS

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IRS Reveals Draft Form for Digital Assets Tax in 2025
Digital asset investors in the United States are getting clearer guidelines on how to report their digital asset transactions to the Internal Revenue Service (IRS). The recently released draft forms by the IRS has details on how brokers should report… Read full article
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IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’
The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker transactions. Brokers, including unhosted wallet providers, are required to report proceeds from digital asset dispositions to the IRS. A crypto… Read full article
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