The IRS is introducing a new tax form, 1099-DA, requiring disclosure of 'unhosted wallets' and more KYC info for crypto users. IRS employs artificial intelligence to prevent tax evasion, with access to bank accounts and potential pursuit of unrealized gains.
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#Crypto #tax season never really ends, check my thoughts regarding the draft 1099-DA form via @ForbesCrypto here! 😎🤓 https://t.co/WEdNodRWdd https://t.co/Az7IZ5ilW2
The IRS has offered a glimpse of the future of crypto reporting. https://t.co/88N1yC8NGZ
IRS using AI to ensure people aren't playing the system and yes, they have access to your bank accounts. If you don’t think it’s a big deal to pay taxes on crypto think again. Oh and by the way the US looking into going after unrealized gains. Amazing day so far
IRS using AI to ensure people aren't playing the system and yes, they have access to your bank accounts. If you don’t think it’s a big deal to pay your taxes on crypto think again. Oh and by the way the US looking into going after unrealized gains. Amazing day so far
IRS using AI to make sure people aren't playing the system and yes, they have access to your bank accounts. If you don’t think it’s a big deal to pay your taxes on crypto think again. Oh and by the way the US looking into going after unrealized gains. Amazing day so far
IRS using artificial intelligence to make sure people aren't playing the system and yes, they have access to your bank accounts. If you don’t think it’s a big deal to pay your taxes on crypto think again. Oh and by the way the US looking into going after unrealized gains. Amazing…
IRS using artificial intelligence to make sure people aren't playing the system and yes, they have access to your bank accounts. If you don’t think it’s a big deal paying taxes on crypto think again. Oh and by the way the US looking into going after unrealized gains. Amazing day…
IRS using artificial intelligence to make sure people aren't playing the system and yes, they have access to your bank accounts. If you don’t think it’s a big deal to pay taxes on crypto think again. Oh and by the way the US looking into going after unrealized gains. Amazing day…
The New IRS Crypto Form Brings Hidden Challenges For Taxpayers: by @TheCryptoCPA https://t.co/HYRNmolkrj
NEW: @DigitalChamber breaks down the newly proposed 1099-DA tax form which would ask filers to disclose if they have an “unhosted wallet” and require users to reveal more KYC information when using them 👀😮 https://t.co/2ajcJ7Hhxn
IRS is looking to collect more data on self-hosted #crypto wallets. What could this mean for YOU? Check out the @DigitalChamber's guide for an easy to understand explanation. https://t.co/nro1TgavXM