bank accounts

Record Number of Americans Have Bank Accounts, FDIC Says
2022-10-25 23:25:54
by
Dan McCue
WASHINGTON — Despite a global pandemic that stalled state and local economies for months, a record 96% of Americans had bank accounts in 2021, according to a new survey released Tuesday by the Federal Deposit Insurance Corporation. The FDIC’s “2021... Read More

Administration Scaling Back Plan to Deepen IRS Scrutiny Into Bank Accounts
2021-10-19 21:23:09
by
Dan McCue
WASHINGTON - The Biden administration is reversing course on a proposal that would have required banks to flag private accounts to the Internal Revenue Service when an individual deposit or withdrawal exceeded $600. A revised plan, expected to be announced... Read More
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