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Missouri Politics

Bankers and state officials express concern over IRS Proposal

JEFFERSON CITY, Mo. (KMIZ) Missouri bankers and Missouri Treasurer Scott Fitzpatrick voiced concerns about an Internal Revenue Service (IRS) latest proposal requiring financial institutions to turn over financial account information for accounts with inflows or outflows totaling more than $10,000. “This proposal is the Biden Administration’s latest attempt at blatant government overreach and, like so

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