A bold move by the United States Internal Revenue Service (IRS) may soon require cryptocurrency exchange customers to receive all tax documentation digitally. The proposed regulation could mandate that exchanges provide Form 1099-DA—used for reporting digital asset transactions—strictly in electronic format.
Continue Reading:IRS Sets Course for Digital-Only Tax Reporting for Cryptocurrency Users
Source: https://en.bitcoinhaber.net/irs-sets-course-for-digital-only-tax-reporting-for-cryptocurrency-users