Crypto tax rules now require reporting of transactions over $10K

New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on Jan. 2. According to CoinCenter, those new rules require anyone who receives at least $10,000 in cryptocurrency to report transaction information to the IRS. Required data includes the name, address, and Social Security number (SSN) of the […] source: https://cryptoslate.com/crypto-tax-rules-now-require-reporting-of-transactions-over-10k/