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View Full Version : Biden goes too far with suggested reporting requirement for all bank accounts



mleus
09-17-2021, 10:43 AM
A couple of members here messaged me about this, this morning. And I comment:

Banks should not be forced to disclose every single transaction over 600 dollars at year's end, not in any form shape whatsoever, including in the aggregate.

Banks escalate fight over IRS reporting in Biden budget plan | American Banker (https://www.americanbanker.com/news/banks-escalate-fight-over-irs-reporting-in-biden-budget-plan)