S.D. Bankers Association: How the IRS Tax Reporting Proposal Would Affect You
October 22, 2021
October 22, 2021
PIERRE, South Dakota, Oct. 22 (TNSPol) -- The South Dakota Bankers Association issued the following statement by President and CEO Karlton Adam:
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The Biden administration is proposing a sweeping expansion of tax information reporting aimed at raising revenue to help offset the cost of additional spending programs in the American Families Plan. If enacted, the proposal would require banks to report to the IRS detailed information on the inflows and outflows of every . . .
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The Biden administration is proposing a sweeping expansion of tax information reporting aimed at raising revenue to help offset the cost of additional spending programs in the American Families Plan. If enacted, the proposal would require banks to report to the IRS detailed information on the inflows and outflows of every . . .