Crypto brokers like Coinbase send IRS form 1099-DA to crypto users.

The IRS’s 1099-DA tax form for reporting digital asset gains comes with a burden of over-reporting, Coinbase's tax experts ...

Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.

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 ...

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 ...

IRS proposes rule allowing crypto exchanges to deliver Form 1099 DA tax forms electronically and end paper statements for ...

'You could do it the right way and not have the possibility of things blowing up in your face' It's a touchy time for crypto investors. Headaches from the IRS will not help. Cryptocurrency exchanges ...

Cryptocurrency exchanges are moving to a new way of reporting users’ profits to the IRS — and the switch could expose investors to a steeper tax bill if they aren’t careful. A tax form that’s more ...