It's Secure: Transmit your data directly to the IRS or to any specific state portal. Your data is not transmitted via the cloud or any third party.

Excel Integration: Import your data from excel (xls, xlsx). Download your sample excel file to get started.

Print: Copy B can be printed on plain paper with black ink. No additional forms need to be purchased. Designed to be tri-folded into a standard, #10 size, double window envelope.

Files are processed faster with fewer errors: Our software does an excellent job of detecting errors before you transmit your data to the IRS.

FREE Technical Support: Speak to a local and live support specialist. We can answer any question that might arise.

We can print, mail and electronically file on your behalf originals or corrections for current or prior tax years to the IRS through the Combined Federal/State program and to any specific states.

Assigned Representative: Every customer is assigned a dedicated representative who provides personalized support with at least 15 years of tax filing experience.

Reduced Administrative Burden: By outsourcing tax-related tasks, businesses can free up their internal resources to focus on core operations.

No TCC or ID.me Account Required: The service eliminates the need for obtaining Transmitter Control Codes (TCC) or verifying identity through ID.me, which can be cumbersome for businesses.

High Volume & Complex Filing Capabilities: 1099FIRE is equipped to manage large volume filings, multiple payers, and handle state filings, bulk TIN matching, and more, including transmission through the Combined Federal/State Filing (CFSF) program.

Why do I need to call for a quote? Every project is different, and a one-size-fits-all approach simply won't do. Calling us for a custom quote will ensure that our team can thoroughly understand your specific needs and provide a solution that's perfect for you. Sales can be reached at (480) 706-6474.

Not a problem. Our software and outsourcing services are capable of meeting your needs. Print and electronically file originals or corrections for current or prior tax years.

IRS Form 1099-DA, or "Digital Asset Reporting," is designed to report transactions involving digital assets such as cryptocurrencies, tokens, and non-fungible tokens (NFTs). This form is part of the IRS's efforts to enhance transparency and compliance in the rapidly evolving digital asset landscape.

Who Sends It: Financial institutions and platforms that facilitate the trading or sale of digital assets, such as Coinbase, Kraken, or Gemini, will issue Form 1099-DA. These entities are responsible for collecting the necessary transaction details and providing the form to the taxpayer and the IRS.

Who Receives It: Individuals or entities that engage in buying, selling, or trading digital assets through these platforms will receive Form 1099-DA. The form outlines key transaction details, including dates, proceeds from sales, and other relevant information needed for accurate tax reporting.

Purpose and Importance: Form 1099-DA aims to simplify tax reporting for digital asset transactions, which can be complex and varied. By providing detailed transaction information, it helps taxpayers accurately report their gains or losses, making compliance with IRS regulations easier. The IRS will receive a copy of the form to ensure taxpayers report their digital asset transactions correctly, facilitating better oversight and accuracy in tax filings.

The introduction of Form 1099-DA reflects the growing regulatory oversight of digital assets and serves to help taxpayers report accurate tax obligations while making the IRS's monitoring more efficient.

What is the release date for IRS Form 1099-DA?

IRS Form 1099-DA: Digital Assets