Rep. Crist Opposes IRS Reporting Proposal
Rep. Charlie Crist (D-Fla.) today announced that he opposes the Biden administration’s controversial IRS data reporting proposal—becoming the first Democrat ...
Tag: Reporting
GOP Lawmakers Urge Dems, Administration to Abandon IRS Reporting Proposal
A group of 202 House Republican lawmakers, led by Rep. Tom Emmer (R-Minn.), wrote to Treasury Secretary Janet Yellen today ...
Sen. Crapo Calls for Release of Details on IRS Reporting Proposal
In a letter to Treasury Secretary Janet Yellen today, Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) called for more ...
ABA, Lawmakers Criticize Revised IRS Reporting Proposal
The Biden administration today endorsed raising the de minimis threshold for its controversial IRS reporting proposal from $600 to $10,000.
Letting the IRS Into Your Bank Account: Separating Fact from Fiction
The IRS reporting proposal is not the way to address the tax gap. Most Americans agree, and as more of ...
Podcast: How the IRS Reporting Proposal Would Affect Banks and Customers
Citizens Bank of Edmond CEO Jill Castilla talks about the effects the Biden administration's controversial proposal for a financial account ...
Key Takeaways From the 2021 AICPA National Conference
This year's AICPA annual conference brought together key players in the bank accounting space, including banking agencies and banks and ...
Podcast: Breaking Down the Tax Reporting Proposal and Its Path in Congress
The fight on Capitol Hill over the Biden administration's controversial tax proposal is likely to go on for another four ...
As Congress Considers Action on IRS Reporting Proposal, Bankers Urged to Take Action
With Congress expected to begin considering a new tax reporting requirement that would require banks to report information on account ...
CFTC Financial Reporting Requirements Delayed for Bank Swap Dealers
The Commodity Futures Trading Commission yesterday temporarily delayed some financial reporting requirements for bank swap dealers.
