The IRS Wants Access to Your Bank Account!
Money Guy Show
00:00
The Ten Thousand Dollar Anti Money Laundering Provision Is Not a Single Transaction.
i think for most folks, when they hear that th think an ok, well, 600, that kind of concerns me. If you took to ten thousand divided by 12 months, it's a little over 800 dollars a month somebody would have to have coming in and out of their account to trigger this new system. So the questionable comes tey know, a lot of folks are trying to think about, okawl wo might this hit? Or who might you know be caught in this? I mean, we're talking about, lik, the cash tips. You know if your waiting tables or something, and no credit cards, stuffs probably getting reported. But cash tips might slip through
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