The Bank Secrecy Act is a United States federal statute enacted in 1970 to detect and prevent money laundering within financial institutions. The BSA requires financial institutions to keep ...

The US Internal Revenue Service has asked an appeals court to toss a crypto founder’s plea to quash summonses the tax regulator filed against him, which he alleged was without proper notification. In ...

On 1/8/25, the National Taxpayer Advocate (NTA) published its 2024 Annual Report to Congress and identified taxpayers’ ...

Beginning in 1970, the Bank Secrecy Act made two major changes to the financial ... have a high degree of usefulness in criminal, tax, or regulatory investigations or proceedings." ...

A bank secrecy law waiver for all government officials along with 14th month pay for all employees will be some of the bills that will ...

In this episode of Unchained, Peter Van Valkenburgh, director of research at Coin Center, explains why the IRS's proposed broker rule for tax reporting ... the Bank Secrecy Act might be ...

British Prime Minister Gordon Brown hailed announcement that Switzerland is relaxing key bank secrecy laws as “the beginning of the end of tax havens.” “I welcome announcements in the last ...