Biden Administration Finalizes New Crypto Rules to Crackdown on Tax Evasion

The Biden administration is imposing reporting requirements for crypto platforms to ensure that Americans file accurate taxes on digital asset transactions. On Friday, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) finalized rules that require crypto brokers to report to the IRS digital asset sales and exchanges starting in the calendar The post Biden Administration Finalizes New Crypto Rules to Crackdown on Tax Evasion appeared first on The Daily Hodl .

Source: The Daily Hodl