Friday, December 13, 2024

Tag: Supreme Court: IRS Can Obtain Bank Records Of 3rd Parties Not Under Investigation

Supreme Court: IRS Can Obtain Bank Records Of 3rd Parties Not Under Investigation

from Activist Post:

In a unanimous decision, the US Supreme Court ruled last week that it’s legal for the IRS to secretly obtain the bank records of third parties who are not under investigation, when seeking a summons for banking records believed to be relevant to the tax delinquency of another person.

The new ruling gives the IRS “startlingly broad authority to pry into the financial records of people who may be only remotely connected to a delinquent taxpayer,” according to one lawyer briefed on the decision, the Epoch Times reports.