News

The Internal Revenue Service (IRS) has announced a relief measure for brokers who are required to report digital asset sales ...
Heavy traders may assume they'll owe no capital gains tax if their losses and gains even out. But then they stumble across the wash sale rule.
Stay compliant with crypto tax reporting in 2026. Learn what triggers taxation, how to track cost basis, report income, and ...
To be sure you're reporting any tax-relevant info correctly and not getting into trouble, two money experts explained what to ...
The Business & Financial Times on MSN14d

Bank of Ghana steps in regulatory moves & tax catch-up

Ghana’s digital finance ecosystem is experiencing a critical inflection point. Over the past five years, cryptocurrency adoption has surged across the country, driven by a digitally savvy youth ...
Under the new law, reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC ...
This enhancement addresses the growing complexity of tax document processing, with over 40 million Schedule K-1s and an estimated 44 million Form 1099-Ks filed annually.
According to Bryan Courchesne from DAIM and Saim Akif from Akif CPA, crypto tax regulations enable trading advantages like tax-loss harvesting and direct asset swaps between BTC and ETH without cash ...
IRS delays crypto backup withholding penalties for brokers filing Form 1099-DA. Here's what changes through 2027.
The draft tax legislation that advanced out of the House Ways and Means Committee last week contains a provision that would repeal the $600 reporting threshold for Forms 1099-K and revert to pre ...
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what do they mean for you.