A major shift in U.S. crypto taxation is about to begin as its the first year when IRS new rules announced in December 2024 will be finally implemented. The IRS had announced that starting January 1, 2025, all centralized crypto exchanges will be required to report users’ digital-asset transactions using a new tax reporting form
The post Is Your Crypto Exchange Ready for the IRS’ New 1099-DA Tax Rules? appeared first on CoinGape.
