The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position ...

IRS will implement a third-party reporting system for crypto asset transactions on CEXs such as Coinbase and Gemini. According to reports, custodial account transaction information involving crypto ...

Key takeawaysSelling, trading, mining and using Bitcoin for purchases are all taxable under most jurisdictions. Accurate ...

IRS mandates centralized crypto platforms like Coinbase to report transactions via 1099-DA in 2025, affecting US investors' ...

Crypto tax changes for 2025: centralized exchanges like Coinbase and Gemini will report your transactions to the IRS using ...

The Internal Revenue Service (IRS) has announced a temporary reprieve for crypto investors regarding new reporting ... the lowest cost basis, resulting in higher capital gains taxes.

You will still need to use crypto tax software or rely on your book & records to track your cost basis and report accurate gains and losses on your taxes. Comply with the new rules. Litigate and ...

when you sell it — brokers actually won’t have to report your cost basis information until tax year 2026, said Jessalyn Dean, vice president of tax information at Ledgible, a crypto tax software ...

The IRS has rolled out new regulations for crypto tax: Rev. Proc. 2024-28 In other words, if you hold crypto, it’s time to ...

FIFO, otherwise known as “First In, First Out,” is the default method for calculating capital gains tax in the US ... those with the lowest cost basis — first, thereby “unknowingly ...

ABC stock's cost basis (original purchase ... Download Forbes' most popular report, 12 Stocks To Buy Now. Investors often seek strategies to manage their tax liabilities as tax season approaches.