2025 Tax Changes You Need to Know Before Filing

Sudip Sengupta

January 12, 2026

10 Major 2025 Tax Changes You Need to Know Before Filing

2025 Tax Changes You Need to Know Before Filing

10. Crypto Reporting Enters a New Phase

Crypto Reporting Enters a New Phase
Crypto Reporting Enters a New Phase

The IRS will see more than ever before

For the first time, centralized crypto exchanges will report transactions directly to the IRS using Form 1099-DA.

Pros

  • Clearer records for taxpayers
  • Less confusion about reporting gains

Cons

  • Reduced privacy
  • Higher compliance burden
  • Greater audit visibility

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Hi there! I am Sudip Sengupta, the face behind "Tfin Career". Tfin Career is a sole proprietorship finance and consulting firm that makes complex tax and financial concepts easy to understand for everyone. With more than 21 years of experience in the field, I have noticed that people cannot make the right decisions in this field. So, I decided to create "Tfin Career" to help individuals and businesses alike. Here I urge those who are confused to make better choices. Also, it is good news for my dear clients and every visitor that I/we are going to start a training module for those who want to choose a career path in Finance and Taxation. Just follow my website.

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