The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...

Learn how the Asset Depreciation Range (ADR) helped determine asset life for IRS tax purposes and discover its successors, ...

Some tax professionals are bracing for more crypto scrutiny as the IRS beefs up digital asset service, reporting, compliance and enforcement programs. Experts cover how to answer the "digital assets" ...

The Internal Revenue Service generally treats crypto like property, similar to stocks or real estate, so selling crypto can trigger a capital gain or loss. But many investors have been able to use a ...

Form 8949 is used to report the sale or exchange of capital assets, such as stocks, real estate, or cryptocurrencies to the IRS. It details the purchase and sale dates for each transaction, as well as ...

Discover the synergy between income statements, balance sheets, and cash flow statements for a full analysis of a company's financial health and performance.