Sen. Marshall Legislation Stops IRS From Monitoring Kansans' Bank Transactions Over $600
September 24, 2021
September 24, 2021
WASHINGTON, Sept. 24 -- Sen. Roger Marshall, R-Kansas, issued the following news release:
U.S. Senator Roger Marshall, M.D. cosponsored the Tax Gap Reform and Internal Revenue Service (IRS) Enforcement Act to protect taxpayers against proposals to monitor Americans' bank account transactions over $600 and provide guardrails against proposals to expand the IRS.
"Requiring financial institutions to report any transaction over $600 to the IRS is incredibly intrus . . .
U.S. Senator Roger Marshall, M.D. cosponsored the Tax Gap Reform and Internal Revenue Service (IRS) Enforcement Act to protect taxpayers against proposals to monitor Americans' bank account transactions over $600 and provide guardrails against proposals to expand the IRS.
"Requiring financial institutions to report any transaction over $600 to the IRS is incredibly intrus . . .