New crypto tax bill just hit the Senate — and yeah, it sounds amazing.
✅ No tax on individual crypto transactions under $300
✅ Miners and stakers won’t be taxed on unrealized gains
✅ Wash sale rules introduced (finally some structure)
If passed, this could supercharge micro payments and maybe even revive U.S. mining — but let’s not get ahead of ourselves. It’s still early days in the Senate, and we all know how fast “tax relief” turns into “tax trap.”
I want this. You probably want this. But deep down we all know: nobody really escapes the IRS.
New crypto tax bill just hit the Senate — and yeah, it sounds amazing.
✅ No tax on individual crypto transactions under $300
✅ Miners and stakers won’t be taxed on unrealized gains
✅ Wash sale rules introduced (finally some structure)
If passed, this could supercharge micro payments and maybe even revive U.S. mining — but let’s not get ahead of ourselves. It’s still early days in the Senate, and we all know how fast “tax relief” turns into “tax trap.”
I want this. You probably want this. But deep down we all know: nobody really escapes the IRS.