PRESS RELEASE
A provision requiring increased financial institution reporting to the Internal Revenue Service was not included in reconciliation legislation unveiled by Congressional leaders today. CUNA, Leagues, and credit unions helped generate more than 785,000 messages to Capitol Hill sharing concerns with the proposal.
Increased IRS reporting proposal removed from reconciliation
CUNA – Credit Union National Association
More Stories
He Bought Their Identities. Then He Bought the Cars
Catch Me If You Can: Inside the Gingerbread Man Auto-Fraud Enterprise
Same FICO, Different Risk: Geography Emerges in Auto Loan Delinquencies
All Loan and No Cattle
Regulators Clarify What Credit Unions Can Tell Members About Suspicious Activity
$3.3 Million for Credit Union CEO Luxury and Only $1.7 Million for 33 Employees