Written by Government Relations, Government Relations Updates

Update On IRS Reporting Plan

10/28/2021

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

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