1) Crypto-friendly bank account (client feedback on Millennium BCP)
Several clients reported smoother fiat inflows from exchanges after proactively telling Millennium BCP they hold crypto, which may place you on an internal list to reduce flagging. This is anecdotal—confirm directly with your branch and proceed with caution.

2) DAC8: what changes (and what doesn’t)

• What changes: Starting with activity in 2026, exchanges will send your trading data to Finanças. The first report is due in 2027 (covering tax year 2026). Expect easier cross-checks between your IRS return and exchange data.

• What doesn’t change: Tax rules remain the same—DAC8 is about reporting, not a new tax.

3) Why 2025 matters
2025 is the last year you can file an IRS return without authorities being able to automatically cross-verify your crypto data via DAC8. If you’re a heavy DeFi user or “degen” and have gaps in your history, use 2025 to reconcile records and prepare a clean base for 2026+.

4) Practical “clean-slate” tip (not financial or legal advice)
If you have long-held assets but messy records (e.g., some exchanges closed), consider selling to EUR in 2025 to realize the historical gain, report it on your 2025 IRS, and then buy back the same day. This documents the gain and gives you a clear, auditable starting point heading into the DAC8 era. Assess costs, spreads, and your personal situation before acting.

5) IRS 2025 filing window
Plan ahead: IRS 2025 is filed in April 2026 (standard window). If you haven’t worked with us before and want help, ask to be added to our 2026 IRS mailing list so you don’t miss any deadlines.