The following Op-Ed was submitted by Kevin Shivers, President/CEO of the PA Association of Community Bankers, and Patrick C. Conway, President/CEO of CrossState Credit Union Association: In an effort aimed at increasing taxpayer compliance, the Biden Administration has proposed that financial institutions be required to report additional account holder information in an enhanced annual I.R.S. Form 1099-INT. Beginning in 2023, […]
Read the full story here: https://www.explorejeffersonpa.com/op-ed-irs-reporting-requirements-hurt-consumers-and-main-street/