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News
Legislation Reversing $600 Threshold for Reporting Payments to IRS Filed by U.S. Sen. Bill Hagerty
1+ year, 4+ mon ago (448+ words) U.S. Senator Bill Hagerty (R-TN) filed legislation on Thursday to reverse the decision to require third-party payment processors to report transfers more than $600 to the Internal Revenue Service (IRS). Hagerty called the three-year-old policy an "egregious and unwarranted overreach" into citizens…...