Scammers are constantly finding new ways to trick people. While older tactics like phishing emails …
Read More »U.S. Treasury amends proposal to monitor bank accounts and report to IRS, raising threshold to $10,000
The U.S. Treasury is amending a plan to track more Americans’ bank accounts to limit tax evasion by the wealthy after the proposal garnered severe pushback from the finance industry and conservative politicians. Under the proposal, first introduced in May, banks would report to the Internal Revenue Service several new …
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