{"id":"tp-8561","type":"article-newspaper","title":"Crypto transfers worth $10,000 and above must be reported to the IRS, says Treasury Department","author":"Mark Jason Alcala","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/8561","datePublished":"2021-05-21T12:09:04.000Z","dateModified":"2021-05-21T12:09:04.000Z","language":"en","abstract":"The new reporting requirement is part of the Biden administration's broader plan to curb tax evasion and promote compliance.","section":"Regulation","references":[{"title":"Treasury Department","url":"https://home.treasury.gov/system/files/136/The-American-Families-Plan-Tax-Compliance-Agenda.pdf"},{"title":"CNBC","url":"https://www.cnbc.com/2021/05/20/us-treasury-calls-for-stricter-cryptocurrency-compliance-with-irs.html"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}