Update On IRS Reporting Plan

Mark Campanale Government Relations, Government Relations Updates


Latest episode in the mini-series about an IRS reporting plan is… 

  • Some media reports the plan is dead, but industry sources are not ordering flowers just yet. 
  • Nothing is dead until the Senate votes on the final tax ‘pay-for’ package in the budget reconciliation bill. 
  • Today’s revisions do not appear to include the IRS reporting plan. 

Read more from the banking industry here