- Jan 27, 2009
- Reaction score
- under the rock
When I made a deposit today the teller informed me they have to report deposits over $2500 was $10k
Whens the $600 kick in?
Yellen on $600 IRS reporting requirement: 'There's a lot of tax fraud and cheating that's going on.'
Treasury Secretary Janet Yellen continues to defend the Biden administration's proposed requirement for banks to report every transaction of $600 or more to the IRS, saying, "There's a lot of tax fraud and cheating that's going on."