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31, , or Other Tax Year Beginning Form

31, , or Other Tax Year Beginning Form

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2024 is wrapping up and the IRS has shaken things up for crypto Traders this year whether you are a hudler a Trader or just someone who got paid a bit in Bitcoin the clock is ticking to get your tax game on point before New Year's Eve in this video we are diving into the must do moves to tackle the new IRS crypto tax routes like a pro and maybe even save some cash in the process think of it as the ultimate end of the year checklist the IRS didn't hold back the Crypt tax updates and if you're not in the loop you might get caught off guard here's a quick rundown on the biggest changes for 2025 per wallet tracking the iris now requires detailed reporting for each crypto wallet you use no more lumping everything together each wallet needs its own breakdown the new form 1099 da if you've been trading on us-based exchanges expect to receive the new form 1099 da it's designed to simplify reporting your crypto transactions but it also means the I

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