Name: New Bill: Tax-free Bitcoin Transactions Under $50 | Bitcoin News
Uploaded: 2022-07-27T02:02:34+00:00
Duration: 1 min 31 s
Description: P & Q discuss the new bipartisan bill proposed by senators Patrick Toomey and Kyrsten Sinema. The Cryptocurrency Tax Fairness Act would exempt reporting crypto transactions of less than $50, or trades

3 years ago

P & Q discuss the new bipartisan bill proposed by senators Patrick Toomey and Kyrsten Sinema. The Cryptocurrency Tax Fairness Act would exempt reporting crypto transactions of less than $50, or trades in which a person earns less than $50. Is this update to the tax code too little too late?

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