Tag: IRS
Navigating the new era: Understanding the IRS’s final digital asset regulations
On June 28, 2024, the IRS released the much-anticipated final regulations for digital asset brokers, providing detailed guidance for reporting sales and exchanges of digital assets.
Standardising withholding statements: TAINA’s role in transforming financial practices
In an era where efficient processing and standardization are more crucial than ever, TAINA took a significant step forward by hosting the Global Industry Forums on Withholding Statements in 2019 and 2020.
Navigating the future of crypto compliance: The impact of IRS form...
In a significant regulatory update, the IRS is set to introduce Form 1099-DA in 2025, a new requirement for digital asset reporting that will affect financial advisors and their clients deeply.
A comprehensive guide to the 2023 revisions of Form 1042-S by...
On March 3, 2023, the Internal Revenue Service (IRS) rolled out new instructions for the 2023 version of Form 1042-S.
Navigating the labyrinth of FATCA and CRS compliance in the APAC...
In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.
How can firms navigate FATCA and CRS reporting?
Ensuring compliance with CRS and FATCA can often feel like navigating a regulatory maze fraught with potential pitfalls, claimed MAPFinTech.