017 Public Comments - 19 days to make public comments #TaxCrypto
Channel: HEX futures
Date: 11/10/2023

Richard Heart
@RichardHeartWin
You only have 20 days left to comment. It is VITAL that you leave relevant and substantive comments on TWO SEPARATE proposed rules. 

1. SEC: https://federalregister.gov/documents/2023/08/30/2023-18667/safeguarding-advisory-client-assets-reopening-of-comment-period#addresses

2. IRS: https://federalregister.gov/documents/2023/08/29/2023-17565/gross-proceeds-and-basis-reporting-by-brokers-and-determination-of-amount-realized-and-basis-for#open-commentYou

3. SEC again: If you have time, (the comment period is technically expired, but apparently they still publish and perhaps review) https://federalregister.gov/documents/2023/05/05/2023-08544/supplemental-information-and-reopening-of-comment-period-for-amendments-regarding-the-definition-of

Richard Heart hasn't and won't read any of these, but you really should. You could ctrl+F for "crypto" and "digital" to find the good parts.

You can use http://bing.com/chat and http://claude.ai to check your work or even to write multi pages about the subjects you ask it about. This research helps you write your own personal, relevant and substantive comments. You can submit them anonymously.

The most important part of this is introducing new, relevant and novel angles that haven't already been covered. The APA law that governs them states that they must consider and perhaps respond to every relevant and substantive comment to a proposed rule during it's comment period.

Apparently, anyone, anywhere, affected should comment. I see no mention of American comments only allowed.

If a bad rule is made, and you didn't leave a comment that could have prevented it, it's kinda your fault. Please make substantive, relevant comments. Now. Before the Oct. 30 deadline.
federalregister.gov
Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for...
This document contains proposed regulations regarding information reporting, the determination of amount realized and basis, and backup withholding, for certain digital asset sales and exchanges....
11:02 AM · Oct 10, 2023
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