The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.

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 ...

Form 1099-DA is used by brokers to report proceeds from digital asset dispositions to a user and the IRS.

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.

IRS Tax Refund: Among them are no tax on tips, no tax on overtime, deductions for car loan interest, and deductions for ...

Taxpayers who cannot meet the April 15 deadline can request an automatic six-month extension by submitting Form 4868 to the IRS.