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 ...
The IRS explained the policy direction in the filing, stating: “These proposed regulations would generally not require brokers to furnish the 1099-DA ...
IRS proposes rule allowing crypto exchanges to deliver Form 1099 DA tax forms electronically and end paper statements for ...
New U.S. crypto tax reporting rules are creating unnecessary paperwork for millions of retail traders, according to Coinbase. "Frankly, [small retail] transactional flow is so small, I just don’t know ...
Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin ...
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 ...
After the initial uproar from a March 11 report that claimed that Coinbase was lobbying Capitol Hill against a de minimis tax exemption for Bitcoin, the rhetoric has since been dialed as strong ...
IRS proposes digital-only Form 1099-DA delivery, expanding crypto tax reporting requirements & increasing oversight of exchanges & investors.
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 ...