The IRS just released the long-awaited draft of Form 1099-DA. For reporting digital assets it is the first tax form. The IRS released this draft form after announcing last year […]
Exchange - India Crypto - Regulation
Excel vs Catax: Transforming the Future of Crypto Tax Calculations
In the fast-changing world of digital currencies, keeping track of finances and doing taxes can be tough. Usual tools like Microsoft Excel are good but might not meet all the needs of managing Web3 finances.
Crypto Taxes - India Crypto
How to Calculate Crypto Taxes for Free on Catax?
As the tax season approaches, the complexities of managing finances become a prominent concern. Crypto taxes can be a puzzle with different rules for short-term and long-term gains, not to mention the specific regulations in each country.
Exchange
What is the 1099-DA for Crypto and How Will it Affect your Taxes?
Explore the significance of Form 1099-DA in cryptocurrency taxation. Discover why this new tax reporting form is essential, how it addresses existing flaws in 1099 reporting procedures, and its role in accurately calculating capital gains and losses for digital assets.
Crypto Taxes - Regulation
Understanding 6045 Digital Asset Broker Regulations
Explore the complexities of the new crypto tax regulations for 2023. Understand the challenges of Form 1099-DA, cost basis choices, and broker notification issues. Find insights and solutions for navigating crypto tax compliance effectively.