 Re: Will Banks Have To Report All Transactions Over $600 to IRS Under Biden Plan
The Biden administration says wealthy Americans withhold more than $600 billion in unpaid taxes from the Treasury every year, and it has proposed a detailed plan to bulk up the Internal Revenue Service’s enforcement arm in an effort to increase tax compliance among high net worth individuals.
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to find and audit the ultra rich,you dont need bank 1099s !!!,
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