Bipartisan ‘PARITY’ Act Introduced to Modernize Digital Asset Tax Rules
A bipartisan group of lawmakers has introduced sweeping legislation to establish a new tax framework for digital assets, aiming to …
Proposed IRS Regs Offer Alternate E-Furnishing Option for Digital Asset Broker Statements
The IRS has issued proposed regs that would give digital asset brokers an optional, streamlined process for electronically furnishing a new information return …
Form 1099-DA Debut Will Test Broker, Taxpayer Readiness in Transition Year
Digital asset brokers and taxpayers are expected to face some growing pains with this tax season’s debut of a new …
Digital Asset Cost Basis Reporting, Backup Withholding Considerations
Digital asset experts at EY reminded taxpayers of new transaction reporting obligations that will take effect next year and explored …
Protecting Digital Fortunes – Planning for a Digital Asset Legacy
By Nikki Sohal, CPA December 10, 2025 The rise of digital assets like cryptocurrencies and Non-Fungible Tokens (NFTs) is profoundly …
California Subjects Digital Financial Assets to Unclaimed Property Law
By Saleem A. Shareef, Esq., Checkpoint News On October 11, 2025, California Governor Gavin Newsom signed legislation that subjects digital …
Preparing for New 1099 Digital Asset Reporting Rules
The IRS’ new digital asset form will make its debut this upcoming tax season for 2025 transactions. Nik Fahrer, director …
Minnesota Issues Updated Guidance on Taxability of Digital Products
By Peter G. Pupke, Esq., Checkpoint News The Minnesota Department of Revenue has issued an industry guide explaining the state …
Senate Finance Committee Hears Suggestions on Digital Asset Tax Clarity
Despite the ongoing government shutdown, the Senate Finance Committee held a hearing October 1 to examine the federal tax treatment …
IRS Asks for Help With Combatting Digital Asset Fraud
The IRS is looking for new ways to spot illicit activity in the digital asset space — and it wants …