Answer:
You need to ask your attorney that drafted your account agreement as I have no clue what that statement means.
Required Info to Provide to IRS & State Agencies
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Question:
We have a bank disclosure on our acct agreement that reads: We authorize the Bank to obtain and exchange information regarding business owner, including credit reports and info from fed and state agencies such as IRS.
The customer does not want to sign. Are we required to provide this information to IRS and State agencies?
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