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.
Crypto investors can expect to receive a new tax form this year from exchanges such as Coinbase and Robinhood.
To be sure you're reporting any tax-relevant info correctly and not getting into trouble, two money experts explained what to know about crypto before filing.
While crypto is still touted as an alternative to fiat currency, such as the U.S. dollar, the real world of politics, governance, and taxes has found a way to intrude on the use of this alternative ...
The IRS can broaden the audit, and, in the wrong fact pattern, frame the issue as deliberate concealment rather than poor ...
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 ...
Digital Ascension Group has partnered with specialized CPA firms to offer crypto tax services for individuals and businesses.
The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...
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 ...
The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super Bowl ad starring comedian Larry David.
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 ...
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 ...