Tag: TIN Matching

As October arrives, many finance and compliance professionals feel the chill of something truly frightening—year-end reporting season. While haunted houses and horror films may...

As tax regulation evolves to include digital assets, businesses must shift from reactive to proactive compliance strategies. A key focus has been the expanded scope of Section 6045 and 6045A, which now categorises digital asset trading platforms, wallet providers, and payment processors as brokers. This change subjects them to the same IRS reporting standards as traditional securities, creating new obligations for tax information collection and verification.