Cryptocurrency, once largely ignored by traditional financial systems, is now in front of a global legal revolution. 48 countries, including all 38 OECD member states and key foreign financial centers, […]
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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.