Paul Belshaw

🚨 Billions of New 1099s Are Coming — Here’s What You Need to Know About the 1099-DA🚨 Major Shift Is Coming for Crypto Investors and Taxpayers With the next tax season  rapidly approaching, the IRS is preparing to roll out one of the biggest reporting changes in decades.Starting January 2026 , the Internal Revenue Service (IRS)  will begin requiring Form 1099-DA  for digital asset transactions   and estimates suggest that up to 8 billion  of these forms will be issued.Yes, you read that...

In today's dynamic financial environment, having a dependable accountant is important for both individuals and businesses. Belshaw Accounting distinguishes itself as a trusted partner, providing various services tailored to meet diverse financial needs. In this post, we will uncover the key services offered by Belshaw Accounting and illustrate how these can benefit you and your business. Essential Services Offered by Belshaw Accounting Belshaw Accounting provides a spectrum of essential...

The Internal Revenue Service (IRS) has announced a significant update that will change how taxpayers receive their tax refunds. Starting in 2025, the IRS will phase out paper tax refund checks for individual taxpayers. This initiative aims to modernize the tax system and enhance the security of tax refunds. Let’s explore the implications of this change, how it affects taxpayers, and the steps you can take to receive your refund securely and efficiently. A tax refund check resting on a wooden...