Crypto Investors Beware: IRS Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect

The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service (IRS) rules mandate that cryptocurrency brokers report personal information on digital asset transactions over $10,000, including customers’ names, addresses, and social security numbers, within 15 days. The post Crypto Investors Beware: IRS Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect appeared first on Cryptonews .