Could the proposed $600 bank reporting requirement to IRS actually LOWER your income taxes?

First published at 16:16 UTC on December 6th, 2021.

Democrats in the U.S. House of Representatives have proposed that American banks will need to report to the IRS the amount of all inflows and outflows every year of any bank account with a balance of $600 or more.
Although this proposal has been modi…

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CategoryEducation
SensitivityNormal - Content that is suitable for ages 16 and over
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