letters

200,000 People Have Signed Ross Ulbricht’s Clemency Petition

<header class=”article__header”> </header> <strong>Ross Ulbricht is forced to spend the rest of his life in prison, and October 1 marked the beginning of his seventh year behind bars. Ulbricht has recently authored a letter explaining that he’s “forgotten what freedom actually feels like” and he’s also realized that he lost some of the “best years …

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Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In

<header class=”article__header”> </header> <strong>As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News.Bitcoin.com talked to industry experts to find out the implications of these letters, what people can do when receiving them, and how crypto assets are taxed in …

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Reddit Roasts the IRS: Have America’s Tax Collectors ‘Gone Crypto Fishing’?

</header> <strong>In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by the agency, saying they’re operating mostly from guesswork, casting broad nets …

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10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS

<header class=”article__header”> </header> <strong>On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August. The news follows …

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