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Farm Progress America, October 26, 2021

Max Armstrong shares insight on a proposal for the IRS to track financial transactions more closely

Max Armstrong reports on a range of business organizations are concerned about a proposal to track any financial transactions at $600 or more. They groups are even concerned about the $10,000 de minimis level, which opens the door to cyberattacks. The coalition of businesses raise concerns about the safety of this transactional information in the hands of the IRS.

Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: halduns/Getty Images Plus

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