As cryptocurrency transactions face increased regulatory scrutiny, your business needs a reliable partner to handle the new IRS Form 1099-DA requirements. Ts1099 provides a comprehensive solution for digital asset platforms, exchanges, and brokers to meet their tax reporting obligations effectively and efficiently.
Tab Service Company has a track record of quickly adapting to new IRS requirements. For the recently introduced 1099-DA form (which crypto businesses must use starting in tax year 2024), this expertise is invaluable since many platforms are still catching up.
Crypto exchanges face intense scrutiny regarding tax compliance. TS1099’s robust validation checks help ensure accurate reporting under the new digital asset reporting requirements, reducing audit risk.
Crypto exchanges typically process thousands or even millions of transactions, resulting in complex reporting needs. TS1099 is designed to handle high-volume batch processing efficiently.
With the 1099-DA being new territory for everyone, Tab Service’s consultative customer service model means crypto businesses get guidance on proper implementation rather than just a software platform.
Many crypto exchanges have unique technical infrastructures. TS1099 offers API and custom integration solutions that can connect with specialized crypto trading platforms.