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Digital Brokers to Issue 1099-DA by February 17

A year ago, we indicated how the IRS and other government organizations were increasing regulations for digital assets and crypto brokers in our blog. Now we can confirm the specific reports, instructions and the due date for these tax forms. Beginning with transactions in calendar year 2025, brokers who facilitate digital asset transactions (such as

By |2025-09-28T04:10:43+00:00October 22nd, 2025|Categories: Business, Individuals|Tags: , , , , , , , , , , |

More regulations for digital assets and crypto brokers

From the IRS release in June 2024, there will be more reporting requirements to digital and crypto brokers (the ones taking possession or custody of those assets, similar to financial institutions that take custody of securities (stock, bonds, etc.) and release a 1099 Brokerage at year end). As included in the guidance, there is no

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