Consensus 2025
00:07:43:20
Share this article

Why Crypto Should Modify the Section 6050i Tax Change, Not Fight It

The amendment requires people engaged in “trade or business” to collect information about those who make purchases in excess of $10,000 using banknotes and coins.

The Internal Revenue Service (IRS) building in Washington, D.C. (Stefani Reynolds/Bloomberg via Getty Images)
The Internal Revenue Service (IRS) building in Washington, D.C. (Stefani Reynolds/Bloomberg via Getty Images)