Biden proposal would allow IRS to track accounts with transactions over $600WSET
Washington, DC,
October 5, 2021
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Kelsey Childres
(WSET) — The Biden Administration's new proposal would have banks submit annual reports on any account with transactions or activity over $600 to the IRS, and lawmakers are divided. "They shouldn't be in our personal lives looting around," said Republican Congressman Ben Cline. |