#Breaking #News: New information surfaces on IRS proposal to track transactions of $600 or more

By | October 14, 2021

There is a proposed change to the tax law which has people concerned that any financial transaction over $600 would be flagged by the IRS.

MOBILE, Ala. (WPMI) — There is a proposed change to the tax law which has people concerned that any financial transaction over $600 would be flagged by the IRS. WPMI News is fact-checking that proposed change. That would be a change from the current $10,000 threshold. The proposal has led peop…Read More

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