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You may have heard or read that the Internal Revenue Service (IRS) has proposed that official checks-cashier's checks, bank drafts, traveler's checks, and money orders-are to be considered as "cash

MAGNIFYING GLASS TO BECOME STANDARD EQUIPMENT The Department of the Treasury announced on July 25 that new currency is being issued designed to protect against counterfeiting by copier, scan

When a corporation wants to make a payment on its taxes, it writes a check and gives it to their financial institution along with the coupon that has been supplied by the Internal Revenue Service.

INSTRUCTIONS DIFFER DEPENDING ON AGENCY
The banker attending the Bank Secrecy Act Seminar felt he had a legitimate problem, and asked the panel of experts for their help.

No Summons Or Subpoena?No Records!

A few years ago we used to tell customers that safe deposit rental was an even better deal for them because it was tax deductible.

Income tax filing can be done through the financial institution and refunds received in two or three weeks according to MBE Service Company, which markets a service called Ready-Return.

In 1948 there were less than 10,000 personal bankruptcies in the United States. In 1981 there were 360,000. In 1989 there were 725,000!

MULTIPLE CASH TRANSACTIONS AND MAGNETIC FILING PROPOSED

It seems that two members of the General Accounting Office in Washington, D.C. were assigned to do an investigation for the Internal Revenue Service.