The House of Representatives passed a $1.2 trillion infrastructure bill on a 228 to 206 vote, sending the legislation to the President’s desk for his signature. The bipartisan agreement included several Republicans voting with their Democratic colleagues, $550 billion in funding for transportation projects, utility grids and broadband coverage. There’s $110 billion for roads and bridges, and there’s $66 billion for passenger and freight rail systems along with $39 billion for public transportation. However, snuck inside the bill is an expansion of what a broker is for IRS purposes. This new definition could cause miners and other entities to be considered brokers. Some fear that the new provisions could cause crypto miners to head offshore. Other provisions in the bill are meant to close the crypto tax gap and raise around $28 billion. For the most part, the IRS treats virtual tokens like traditional currency, but crypto brokers were not previously required to provide the government with Form 1099-B, which details transaction prices, profits, and losses. If that changes, traders could be taxed heavily. Even as these changes become law, with President Biden’s approval, the Treasury Department and IRS must interpret these new rules and issue guidance for tax preparers and retail investors.