July Developments – Part III – Does IRS Hate Crypto?
“The prosecution of John Caleb Wright represents more than an isolated case of alleged tax evasion—it exemplifies a disturbing pattern of government persecution targeting the very individuals who pioneered the cryptocurrency revolution. This systematic campaign against early adopters reveals a coordinated effort to criminalize the foundational activities that built the digital asset ecosystem we know today.”
Turning Wedding Gift Money into a Head Start for Your Marriage
Before a single dollar moves, the two of you need to agree on what this money is for, because money habits are among the most common sources of friction in a marriage, and this is good practice for the decisions to come.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.
