The flagship crypto, Bitcoin drifted lower after nearing $42,000, to trade at around $39,712 at the time of this report, still Bitcoin is up 6.12% for the day. The U.S. Treasury has introduce a proposal to strengthen tax compliance in that world’s largest economy, which includes businesses reporting crypto transfers worth at least $10,000 to […]

The post U.S Treasury Calls for Businesses to Report Crypto Transfers of More Than $10,000 to the IRS says they pose Tax Evasion Risk appeared first on KokoLevel Blog.