Email from the President of the Bank...

[Ridgerunner]

Received an email from the HDIC at my Bank... While I live in Hawaii, I still do the majority of my banking in a medium sized community bank in Giggleweeds, Indiana, just right down the road from Podunk...
Our liberties and rights are in more and more jeopardy everyday...

Anyone else receive anything like this?

Small Business

www.icba.org

 

[Damaged Eagle]

Big brother expands his reach

*****SMILE*****

 

[Ridgerunner]

Seems to me that if the swamp creatures get their way, we will be living in a constant surveillance state... I am speculating that the IRS is and will be steady employment in the future if the swampies get their way...

 

[Samofvt]

Submitted, although two of my representatives are Dems and the other a pure socialist...I expect they'll put me on a terrorist watch list.

 

[Kilroy2]

Price people pay for living in a word where it is easy to find out things about others especially street addresses and email addresses.

 

[my2¢]

I suppose it is more of an inconvenience for your bank rather than an intrusion of people's rights. Our freedom on the matter was lost long ago. I'm guessing they're proposing of doing away with the $10 minimum.

If you earn more than $10 in interest from any person or entity, you should receive a Form 1099-INT that specifies the exact amount you received in bank interest for your tax return. Technically, there is no minimum reportable income: any interest you earn must be reported on your income tax return.

What Is the Minimum Interest to Report to IRS?

Learn what the minimum interest you need to earn to report to the IRS. Find out more about what sources of interest income are considered income and taxable

www.freshbooks.com