Why Form 1099‑DA Breaks Traditional Crypto Tax Software
March 26, 2026
Form 1099-DA is changing how crypto taxes are prepared, and most taxpayers are not ready for what that actually means.
1099-DA forms, exchange reporting, catch-up filing, S corporation math, and the tax changes that affect your return. Written by the people who prepare them.
Form 1099-DA is changing how crypto taxes are prepared, and most taxpayers are not ready for what that actually means.
Owning a trust can be a rewarding experience, but it does come with a large number of responsibilities.
Form 1099-DA was designed to bring crypto into a more traditional tax reporting framework, but for active traders, DeFi participants, and self-custody wallet users, it often creates more confusion than clarity.
If you received a Form 1099-DA and noticed that the numbers do not line up with what you believe you actually earned or lost in crypto, you are not alone.
If you earn income that does not have taxes automatically withheld, you have probably heard of estimated tax payments.
If your business leases equipment, furniture, or software that is used in the City of Chicago, there is a local tax you need to be aware of.
If you live in Illinois and buy items online or from out of state sellers, you may owe a tax you have never heard of: Illinois Use Tax.
You have probably heard someone say they do not want a raise because it will push them into a higher tax bracket. That is not how brackets work.
As the year moves into its final stretch, there is one task every business owner should be prioritizing right now, and that is cleaning up the books.
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