There is also a bill kicking around Congress which would exempt all bitcoin transactions under $200 from tax, which would mean bitcoin can be used as a daily currency for the majority of people without having to worry about tax reporting.
yeah i heard about that a while back but i think they put it on the backburner and it'll probably be forgotten. probably for good reason too since people would just structure their purchases and send multiple amounts for under $200 which add up to the total purchase price. easy to do with bitcoin. taxes evaded.