Tag: Unreported Crypto

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Image of the draft IRS Form 1099-DA
Form 1099-DA Unveiled: IRS Releases Draft of New Tax Form for Digital Assets
The IRS recently unveiled the long-awaited draft Form 1099-DA, the first tax form created specifical [...]
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Stylized image depicts multiple business tax return forms (including Form 1041, Form 1120-S, and Form 1065) splayed out. On top of these forms is a large speech bubble with 2 Bitcoins and an orange question mark inside.
IRS Adds Digital Asset Question to 2023 Business Tax Returns
A question about digital assets, which has appeared on personal tax returns for several years, has b [...]
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Stylized image of IRS Form 8300, "Report of Cash Payments Over $10,000 Received in a Trade or Business." The background shows a U.S. Capitol building with an orange overlay. The foreground depicts Form 8300 with a stack of Bitcoins on top of it.
IRS Delays Reporting of $10K Crypto Transactions on Form 8300
Good news for crypto businesses: A new requirement to file Form 8300 for cryptocurrency payments of [...]
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Stylized image representing the legal battle between Kraken Exchange and the IRS. The top half of the image shows an octopus with an orange-toned overlay. The bottom half of the image shows a magnifying glass over financial documents with a dark blue overlay. On top of the image, large text reads "Kraken vs IRS."
Prepare for Audits: Kraken Will Send Data on 42,000 Users to the IRS
The IRS is turning its sights on popular cryptocurrency exchange Kraken in its efforts to enforce ta [...]
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Image of a hand holding a physical Bitcoin. A computer in the background shows cryptocurrency price history on a chart. Overlaid on this image is a stylized version of IRS Form 8949.
How Is Crypto Taxed? (2024) IRS Rules and How to File
Wondering how crypto taxes work and how to report cryptocurrency on your taxes? Our experienced cryp [...]
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Stylized image representing Coinbase taxes. The background shows a messy stack of IRS tax forms. The foreground depicts a Coinbase trading portfolio.
Coinbase Taxes 101: How to Report Coinbase on Your Taxes
Discover how to report Coinbase taxes easily with this simple guide! Written by experienced crypto t [...]
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Image depicting a simple declining price chart. The shadow of a bear looms over the chart, representing a bear market. A red tone over the image conveys a sense of alarm.
Reporting Crypto Losses on Taxes: 5 Things You Need to Know
Are you wondering how to report crypto losses on your taxes--or whether you need to report at all? E [...]
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IRS Releases Proposed Broker Regulations for Form 1099-DA
Proposed regulations detail who should be considered a digital asset broker (and therefore required [...]
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Binance US Taxes Explained
Binance US Taxes Explained
If you’re struggling to file your Binance US taxes, rest assured that you’re not alone. [...]
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