Discovering the complexities of tax regulations surrounding NFTs has become crucial for creators, investors, and enthusiasts alike. In this comprehensive guide, we delve into the IRS Notice 2023-27, shedding light
Discovering the complexities of tax regulations surrounding NFTs has become crucial for creators, investors, and enthusiasts alike. In this comprehensive guide, we delve into the IRS Notice 2023-27, shedding light
Learn how the IRS is adapting to the changing landscape of digital currencies and what it means for taxpayers. Discover the recent updates to IRS guidelines on virtual currency treatment
Everything you need to know about the new IRS tax form 1099-DA. At first, it was the restoration of Form 1099-NEC to replace Box 7 on Form 1099-MISC, and then
Here’s how Tax1099 can help crypto exchanges with customer due diligence and 1099 reporting. Businesses depend on due diligence in some form or another. While identity verification can be conducted
Here’s everything you need to know about the new crypto exchanges reporting requirements for cryptocurrency transactions in the 2023 tax year. So, you bought crypto, and life whipped you with
If you own a crypto exchange or if you’re an avid crypto seller, here’s everything you need to know about Form 1099-K in 2022 and its impact on your sales
Here are three major reasons why crypto exchanges are inclined to use Form W-9. Taxpayer Identification Number (TIN) is one of the most popular topics when it comes to tax
A rundown on the most common crypto reporting challenges that crypto exchanges come across when preparing 1099-K forms. Cryptocurrencies and crypto exchanges are collectively one of the fastest emerging markets
Let’s take a look at the billionaire CEOs vouching for cryptocurrencies and the tax implications of cryptocurrencies for crypto enthusiasts in 2021. Through the years, cryptocurrency has made its way
Learn how Tax1099 optimizes your crypto tax reporting and helps you accelerate reporting accuracy. Crypto exchanges observe a high volume of transactions throughout the year. With regulatory bodies like the