Taxpayers must report transactions that result in income, gains or losses during the tax year, according to tax experts.
Digital Ascension Group has partnered with specialized CPA firms to offer crypto tax services for individuals and businesses.
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How to report crypto on your taxes
When crypto first gained prominence more than 15 years ago, one of the big selling points of the currency was its lack of ties to any specific government. Unlike fiat currency, cryptocurrency offered ...
We are officially entering the ‘crypto tax enforcement era’, but the new rules, written by people who don’t understand crypto, could have some big repercussions for the industry as a whole.
Don't assume the IRS doesn't know about your cryptocurrency transactions simply because you didn't swap your digital coins for cash. The No. 1 mistake crypto traders tend to make is assuming that the ...
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IRS unveils Form 1099-DA for 2025 crypto taxes
The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...
The IRS can broaden the audit, and, in the wrong fact pattern, frame the issue as deliberate concealment rather than poor ...
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Crypto investors who don’t fill out this new tax form the right way could overpay on their taxes
Crypto investors can expect to receive a new tax form this year from exchanges such as Coinbase and Robinhood.
Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This year, the IRS is introducing a new dedicated crypto tax form called 1099-DA for all "digital asset proceeds from broker ...
Professionals have a major piece of advice for those who traded cryptocurrency for the first time last year: Take your tax prep seriously. The IRS has been zooming in on cryptocurrency reporting with ...
The IRS is tightening its grip on crypto exchanges and wallets. Filing taxes can be confusing for cryptocurrency investors. In the earliest days, crypto trades weren't taxed or regulated. But in March ...
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 ...
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