"Under this proposed plan financial institutions will have to report deposits and withdrawals of $600 or more every year. Right now, only transactions of $10,000 or more have to be reported to the IRS. "

"Under this proposed plan financial institutions will have to report deposits and withdrawals of $600 or more every year. Right now, only transactions of $10,000 or more have to be reported to the IRS. "

— 206-SEA (@206SEA_) Sep 15, 2021

from Twitter https://twitter.com/206SEA_