To help detect unreported income and narrow the gap between federal taxes collected and owed, the Biden administration has proposed expanding annual reporting requirements for banks and other financial institutions to include the total amounts of money flowing in and out of all business and personal accounts worth at least $600.
Issues: IRS
Trump Wrong About Tax Law
Old Decision in Tax Lawsuit Gets New Spin
Cruz Inflates IRS ‘Agents’
IRS, Benghazi and Accountability
Whoppers of 2013
A Botched Attack on IRS Budget
IRS Probe So Far Yields Partial, Partisan ‘Facts’
Republican Overreach on IRS
IRS Officials Misled Congress, Public
IRS officials gave false or misleading information on numerous occasions regarding its now discredited practice of targeting conservative groups that sought nonprofit status.