According to Cryptotaxaudit CEO Clinton Donnelly, the IRS has recently increased the number of Letter 6174 tax notices sent to cryptocurrency investors, urging recipients to check whether their past crypto asset transactions have been properly reported. Donnelly estimates that the IRS sends out approximately 10,000 such letters per month, but this figure has not been officially confirmed. Notably, former Ripple CTO David Schwartz also stated that he recently received such a letter but considered it merely a reminder to taxpayers to comply with the law and therefore threw it in the trash. Official IRS data indicates that Letter 6174 is a voluntary compliance reminder used since 2019 and is not a formal tax audit or violation determination; it typically does not require a direct response, but recipients should still check their tax returns. (Bitcoincom) https://(wublock123.com)/news/irs-sends-mass-tax-notices-to-crypto-users-71641