The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Beginning ...
According to digital asset tax experts, the 2026 filing season will be messy and a minefield for most crypto investors.
The United States Internal Revenue Service (IRS) has updated its draft form for taxpayers to report digital asset transactions starting in 2026. In an Aug. 8 notice, the IRS released a draft of Form ...
Overall, 75 countries have committed to implement the Carf rules, with crypto hubs such as the UAE, Hong Kong, Singapore and ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Since 2014, the IRS focus on the tax treatment and tax reporting ...
A sweeping crackdown on crypto tax evasion took effect Thursday as the UK and 47 other countries launched mandatory transaction reporting for digital assets under new OECD-developed rules. According ...
New rules which have come into force for 2026 will make it harder for crypto investors to hide their gains from international ...
HMRC now requires crypto exchanges to report full transaction and tax residency data for UK users starting January 1.
Crypto taxpayers are in for a rude awakening. We’re 16+ years into Bitcoin, yet taxpayers and CPAs still pretend that tax guidance remains unclear or even nonexistent. The IRS is gearing up for a ...
New rules have been introduced today aimed at preventing buyers and sellers of cryptocurrency from avoiding paying tax. Under ...
Cryptocurrency exchanges, which act like banks for the industry allowing people to exchange standard currency for virtual ...
The new U.S. tax form for crypto investors' brokerage accounts is out, and it's been narrowed in significant ways from an earlier version. Crypto's 1099 form will "bring more ease and clarity" for ...