IRS provides additional transition relief for brokers who are required to file information returns and backup withhold on certain digital asset sales

This post was originally published on this site.

IR-2025-67, June 12, 2025 — The U.S. Department of the Treasury and the Internal Revenue Service today issued Notice 2025-33 extending and modifying the transition relief provided in Notice 2024-56 for brokers who are required to file Form 1099-DA to report certain digital asset sale and exchange transactions by customers.