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Tax Professionals Say Form 1099-B is Emerging as a 'Gold Standard' for Crypto Tax Reporting
Summary: The Internal Revenue Service (IRS) has made it clear it’s looking to crack down on crypto with a number of actions aimed at tracking taxable crypto activity in the U.S. The lack of standards on which forms exchanges need to send to the IRS has created additional headaches as the IRS takes a closer look ...
The Internal Revenue Service (IRS) has made it clear it’s looking to crack down on crypto with a number of actions aimed at tracking taxable crypto activity in the U.S.
The lack of standards on which forms exchanges need to send to the IRS has created additional headaches as the IRS takes a closer look at crypto-using tax payers.Tax professionals say Form 1099-B has emerged as the best option for crypto reporting.
By Amy Liu
Last Update:
Tags: 1099B,Crypto,Tax
Link: Tax Professionals Say Form 1099-B is Emerging as a 'Gold Standard' for Crypto Tax Reporting [Copy]
Tags: 1099B,Crypto,Tax
Link: Tax Professionals Say Form 1099-B is Emerging as a 'Gold Standard' for Crypto Tax Reporting [Copy]
