Crypto brokers like Coinbase send IRS form 1099-DA to crypto users.
He's publicly asking Coinbase's Brian Armstrong to back Bitcoin payments getting the same tax break as stablecoins. Real Lightning data shows billions in actual use.
Janna Scott, founder of the crypto tax platform DeFi Tax, said the reporting gap exposes a deeper problem with how the industry has approached compliance. “I kept seeing the same pattern,” Scott told ...
The IRS’s 1099-DA tax form for reporting digital asset gains comes with a burden of over-reporting, Coinbase's tax experts ...
IRS opens its latest proposal to public comments.
Coinbase contends that applying traditional reporting obligations to cryptocurrency transfers could easily result in a deluge of documentation without a corresponding increase in tax revenue. The ...
The IRS explained the policy direction in the filing, stating: “These proposed regulations would generally not require brokers to furnish the 1099-DA ...
IRS proposes rule allowing crypto exchanges to deliver Form 1099 DA tax forms electronically and end paper statements for ...
IRS proposes digital-only Form 1099-DA delivery, expanding crypto tax reporting requirements & increasing oversight of exchanges & investors.
Blockchain Association unveils 14-point crypto tax plan for Congress, backed by Ripple, Coinbase, and Kraken. The Blockchain ...