Earlier this summer, the IRS released final regulations on reporting requirements for sales, exchanges, transfers, and payment processing involving digital assets. The final regulations incorporated ...
Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than ...
Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work, you may ...
The Internal Revenue Service has posted an early draft of the updated Form 1099-DA, the form for brokers to report certain sale and exchange transactions of digital assets that take place beginning in ...
The introduction of the 1099-DA, Digital Asset Proceeds from Broker Transactions, is poised to significantly impact how digital assets are reported in real estate transactions. This form is part of ...
Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...
New support expands TaxBandits’ platform to include IRS Form 1099-DA digital asset reporting. ROCK HILL, SC / ACCESS Newswire / December 16, 2025 / TaxBandits, an IRS-authorized e-file provider, now ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Millions of Forms 1099 are sent out every year. Most arrive in ...