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In this video, I will brief you on the cryptocurrency regulations found in the new Infrastructure Bill. 📄✍

⚖️ At its core, the Bill aims to track the cost basis of cryptocurrencies by imposing new rules on broker / dealers. 🤔 But, who exactly is a Broker in the crypto market and what new regulations will be imposed? I explain all this and more in the video above 🎥.

You will also learn how a bill moves from 🏛️ congress, then interpreted by the IRS and finally challenged by tax practitioners, like AICPA members (American Institute of Certified Public Accountants) to become a new tax law.

💬 Feel free to ask any more questions down below. I’m happy to help 👍

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Thank you for watching!

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🎥 Welcome to the YouTube Channel for Tax.Crypto 🎥

My name is Emery Sheer and I have over 30 years of experience helping individuals and businesses successfully manage, protect and preserve their wealth.

Now I’m here to help you do the same! 🏆

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⏰ Timestamps:
00:00 Intro
00:28 Crypto Tax Regulation
01:30 Key Points
02:01 Tracing Cost Basis
02:55 Defining a Crypto Broker
04:05 How a Bill become Tax Regulations
06:05 Outro

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#CryptoRegulation #InfrastructureBill #TaxCrypto

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