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119 views • October 18, 2021

Community Bankers: New IRS Proposal a Huge Burden

NTD News
NTD News
A new IRS reporting proposal would apply to any bank account with more than $600 in transactions per year and is part of the massive $3.5 trillion spending bill put forward as part of President Joe Biden's Build Back Better agenda. NTD spoke with Paul Merski, executive vice president of congressional relations at the Independent Community Bankers of America, to discuss the new proposal.
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