| Biden Proposing Banks Report ALL Transactions Greater Than $600 to IRS. September 20, 2021 The Biden administration has proposed requiring community banks and financial institutions to report ALL deposits and withdrawals worth more than $600 immediately to the IRS. This reporting to the IRS may soon be enacted in Congress and will be a major invasion of privacy for most Americans. Discover simple steps you can take to protect yourself — before it's too late. |
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