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The $600 Question is Now the $10,000 Question – Will the IRS Track Your Receipts and Disbursements?

October 25, 2021

Part of the Build Better Back Plan, proposed by the Biden administration, has many people scratching their heads in confusion. In question is a component of the administration’s plan to beef up IRS auditing by expanding the agency’s funding and power. The proposal would require banks, credit unions and other financial companies to monitor deposits… Read more »

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