Crypto Crackdown? CoinCenter Challenges IRS Over $10,000 Reporting Rule
The $10K Crypto Reporting Rule (6050I) The beginning of the new year marked the implementation of cryptocurrency tax reporting obligations, raising concerns within the crypto community. Advocacy group CoinCenter has been at the forefront of opposition, challenging the new rules that mandate reporting for transactions exceeding $10,000. This article delves into the details of the ...