Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...
Top Fintech founder Mike Cagney took to X to slam Coinbase (NASDAQ:COIN) and its tax documentation process. Cagney founded two Fintech unicorns, SoFi (NASDAQ:SOFI) and Figure Technologies (NASDAQ:FIGR ...
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Crypto investors who don’t fill out this new tax form the right way could overpay on their taxes
Cryptocurrency exchanges are moving to a new way of reporting users’ profits to the IRS — and the switch could expose investors to a steeper tax bill if they aren’t careful. A tax form that’s more ...
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IRS unveils Form 1099-DA for 2025 crypto taxes
As the US tax filing season kicks in, Coinbase is reminding crypto holders that the Internal Revenue Service (IRS) launched Form 1099-DA, the new framework for disclosing digital asset transactions in ...
A Coinbase and CoinTracker survey found fewer than half of crypto users correctly understand when digital assets become taxable. A majority of crypto users remain unclear on basic tax rules, with ...
56 million tax forms from one single crypto exchange. That should be enough to tell you how broken the American tax system is. Popular crypto exchange Kraken in a blog post on April 22, revealed that ...
The U.S. tax code for digital assets is overly burdensome and needs fixing, according to leading cryptocurrency exchange Kraken. "It's time to fix digital asset taxes," Kraken said in a Wednesday post ...
'You could do it the right way and not have the possibility of things blowing up in your face' It's a touchy time for crypto investors. Headaches from the IRS will not help. Cryptocurrency exchanges ...
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