Interesting Crypto Tax changes you need to know!
Read summaryThe IRS has proposed changes to the 1099 form for digital asset trading, requiring brokers to report on transactions. This draft form includes details like digital asset codes, units, dates, and proceeds. However, the complexity of reporting every trade and sharing sensitive information like wallet addresses raises concerns about security. It's essential to stay informed and work with a knowledgeable CPA to navigate these changes. 💰🔒
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