While crypto is still touted as an alternative to fiat currency, such as the U.S. dollar, the real world of politics, governance, and taxes has found a way to intrude on the use of this alternative ...

Digital Ascension Group has partnered with specialized CPA firms to offer crypto tax services for individuals and businesses.

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 ...

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.

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 ...

Crypto investors can expect to receive a new tax form this year from exchanges such as Coinbase and Robinhood.

Taxpayers must report transactions that result in income, gains or losses during the tax year, according to tax experts.

The IRS is tightening its grip on crypto exchanges and wallets. Filing taxes can be confusing for cryptocurrency investors. In the earliest days, crypto trades weren't taxed or regulated. But in March ...

The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super Bowl ad starring comedian Larry David.

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 ...