IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’

The U.S. Internal Revenue Service (IRS) has released a draught taxation Form 1099-DA for reporting integer plus proceeds from broker transactions. Brokers, including unhosted wallet providers, are required to study proceeds from integer plus dispositions to the IRS. A crypto taxation adept has highlighted that the postulation of definite information points, specified arsenic wallet addresses, […]