As digital assets continue to become mainstream, the IRS’s new 1099-DA has introduced fresh complexity and confusion for crypto businesses, financial institutions, and tax professionals alike. Determining who qualifies as a broker, what counts as a reportable disposal, and how decentralized technologies affect compliance remains challenging to answer.
Join John Cardone, Senior Director at RSM, and Patrick Cooney, Product Management Director at Sovos as they explore real-world scenarios that dispel the confusion surrounding crypto tax reporting.
Key learnings include:
- Understand how the IRS defines brokers and reportable transactions under Form 1099-DA.
- Explore complex and often-overlooked reporting scenarios unique to decentralized and digital asset ecosystems.
- Gain actionable guidance on preparing your organization for evolving crypto reporting requirements.
- Join us to navigate the regulatory gray areas and build confidence in your compliance strategy.
