Digital Ascension Group has partnered with specialized CPA firms to offer crypto tax services for individuals and businesses.
We are officially entering the ‘crypto tax enforcement era’, but the new rules, written by people who don’t understand crypto, could have some big repercussions for the industry as a whole.
Don't assume the IRS doesn't know about your cryptocurrency transactions simply because you didn't swap your digital coins for cash. The No. 1 mistake crypto traders tend to make is assuming that the ...
The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...
Cryptocurrency is a digital or virtual form of currency that uses cryptography for security, ensuring transactions are secure and that units of the currency cannot be duplicated. The purpose of ...
Taxpayers must report transactions that result in income, gains or losses during the tax year, according to tax experts.
Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This year, the IRS is introducing a new dedicated crypto tax form called 1099-DA for all "digital asset proceeds from broker ...
The new 1099-DA form will track crypto trades like stock sales. Crypto traders need to report their cost basis for each separate exchange or wallet. These rules could make cryptocurrencies more ...
(NewsNation) — Cryptocurrency trading might feel like the Wild West for much of the year, but come tax season, several IRS rules still apply. The IRS treats cryptocurrencies like bitcoin as property, ...