IRS Releases Digital Asset Draft Form 1099-DA: What you need to know

The IRS is taking steps to bring more clarity and compliance to digital asset reporting by releasing the draft Form 1099-DA. Set to be used by brokers to report certain sale and exchange transactions starting in 2025, this form aims to simplify tax reporting for digital assets and enhance transparency in an often opaque market.  … Continue reading IRS Releases Digital Asset Draft Form 1099-DA: What you need to know