The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form 1099-NEC. The goal? Fewer forms for taxpayers. Republicans on the Senate ...

As the US tax filing season kicks in, Coinbase is reminding crypto holders that the Internal Revenue Service (IRS) launched Form 1099-DA, the new framework for disclosing digital asset transactions in ...

Under the new law, reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

Every tax form that arrives in your mailbox or brokerage account inbox between January and mid-February tells the IRS a story ...