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New IRS Reporting Requirements Being Considered in Congress could Impact your Right to Privacy

While we typically do not raise political issues with our clients, we feel a responsibility to inform you about a new proposal Congress is considering. We value your business and respect your privacy, and we want to make certain that you are kept as up to date as possible on all matters that impact your financial affairs.

The new proposal raises serious concerns for your right to privacy! If passed, financial institutions would be required to report detailed financial information to the IRS on all personal and business transactions (deposits and withdrawals) on bank accounts with balances of $600 or more.

We encourage you to join us in our fight to protect your privacy, help us defend against unnecessary and expensive burdens on banks and prevent unnecessary and excessive tax preparation costs for small businesses. Please contact your local Congress Member to let them know you oppose this proposal by visiting https://secureamericanopportunity.com/take-action/oppose-new-irs-reporting-requirements-take-action/ today.

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