If the defendant thinks they may need to issue a Form 1099, they will ask for a Form W-9. If they fail to get a signed W-9, they can withhold taxes on the payment.

Cryptocurrency transactions continue to be a major focus for the IRS, and this year brings new reporting requirements. Taxpayers who sell digital assets will receive a new 1099-DA showing the ...

A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...

Received a Form 1099-C for canceled debt? Learn why the IRS may consider it taxable income and, crucially, how you might be ...

IRS proposes digital-only Form 1099-DA delivery, expanding crypto tax reporting requirements & increasing oversight of exchanges & investors.

Janna Scott, founder of the crypto tax platform DeFi Tax, said the reporting gap exposes a deeper problem with how the industry has approached compliance. “I kept seeing the same pattern,” Scott told ...

Crypto brokers like Coinbase send IRS form 1099-DA to crypto users.

HONOLULU, HI, UNITED STATES, January 12, 2026 /EINPresswire.com/ -- Cryptocurrency has gone from niche curiosity to mainstream economic force — and U.S. tax ...

A 1099 is a tax document reporting nonemployment income to the IRS. There are several types of 1099 forms, depending on the income you receive — but all are designed to report payments you received to ...

New support expands TaxBandits' platform to include IRS Form 1099-DA digital asset reporting. ROCK HILL, SC / ACCESS Newswire / December 16, 2025 / TaxBandits, an IRS-authorized e-file provider, now ...

A Form 1099-K reports the gross amount of payment transactions from credit cards, digital payments, and other platforms that manage payments between two parties. — Getty Images/Compassionate Eye ...