Friday, April 18, 2008

Plan would use electronic bank records to help collect on tax debts

This is a growing trend. Click here for complete article.
Minnesota tax collectors want to enlist banks — and their electronic records — in their search for the assets of tax cheats.
The state Revenue Department is pushing a plan to collect an extra $10 million a year in outstanding taxes by making banks, credit unions, life [...]

Source: http://feeds.feedburner.com/~r/IRSTaxAuditNews/~3/273069417/

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