The IRS wants banks to report on transactions as low as $600
I just got an email from my bank alerting me to a new proposal from the Biden Administration. Biden wants banks to report to the IRS the inflow and outflow on all personal and business accounts with a balance of $600 or more. More here:
https://www.icba.org/bank-locally/co...lert-from-icba
Last edited by TexHill; 09-01-21 at 14:40.
A person who is not inwardly prepared for the use of violence against him is always weaker than the person committing the violence. - Aleksandr Solzhenitsyn, The Gulag Archipelago
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