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Reporting to tax authorities by banks/financial institutions was bumped down to any receiving of an amount in excess of $600 during the Biden admin.
by salawat 11mo ago
Reporting to tax authorities by banks/financial institutions was bumped down to any receiving of an amount in excess of $600 during the Biden admin.
- SoftTalker 11mo agoAh yes, I had forgotten about that. That's for "business" transactions, IIRC. I wonder how they distinguish....
- salawat 11mo agoThey don't. It was targeted at screwing the poor rather than the rich.