Yellen, IRS push Democrats to require banks to report annual account flows.
8TM
North America
Friday, September 17, 2021 6:44 PM
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In letters to lawmakers, the administration officials again asked Congress to require banks to report annual inflows and outflows from bank accounts with at least $600 or at least $600 worth of transactions, a proposal aimed at letting the IRS target its audits more effectively.
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