Thursday, September 23, 2021

Unnecessary IRS Reporting Proposal

 


After going to the below link, fill in the fields, click submit and your prefilled letters will appear for your review. 

In the coming days, Congress will be reviewing a new bill that would require all banks to report details of every business and personal bank transaction over $600 to the IRS.

Tell Congress: Oppose Burdensome, Unnecessary IRS Reporting Proposal

The current administration is proposing requiring community banks and other financial institutions to report to IRS transaction of your business and personal accounts. This will create an enormous burden on community banks and an unnecessary invasion of privacy for our customers.

Send a letter directly to your members of Congress by visiting  https://icba.quorum.us/campaign/IRS 
The letter is pre-written and pre-populated with your Congressional members’ names and office addresses.

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