Walter Thomas18 said:And how exactly do you think the IRS gets that info? They have direct access to bank databases? Yeah, right...
Perhaps a bit more research into the subject matter is required...☕ W-2 forms are sent directly to the IRS—they contain everything from net pay to taxes withheld and social security contributions
Here is another scenario: someone accidentally entered their savings account number instead of their checking account on their tax return form, they actually received some funds—but since the payout went to a savings account, the IRS flagged it as taxable income, which then ended up being rolled into their next annual tax filing 🙂
JPMorgan Chase isn't the one pulling the strings here. If you’re unhappy with the laws passed by the USA, take it up with the government. You really think a bank cares about your grievances?
One has to make a choice☕ if the IRS already possesses all the data and full access—why then would they bother requesting citizen information from banks in the first place?
wiredlynx28 said:The IRS has the authority to audit any transaction account belonging to an individual or a corporation. As long as your money is earned legally, there’s really nothing to worry about.
But why bother, if everything is already transparent through the standard tax filings?
Nathan Morris3 said:Look, let's be real. I'm the first one to admit cash is totally impractical—it's easy to fake, leads to skimming, fraud, theft, or just simple math errors... there's no debate there, and yeah, the future for cash probably isn't looking bright. But it's also basically that line in the sand where we protect our freedom and privacy.
Whether it disappears completely or just becomes niche is actually kind of irrelevant, I guess. Because once you hit that point where even a few percent of shops won't take cash, the war is already lost. It means that in a couple of years, people might start looking at you like a criminal just for trying to pay with paper money.
It feels like we're just "waiting" for the generation gap to happen. Just like how kids today don't really get what a cassette tape is, maybe future generations won't even know what cash is.
What kind of business would ever implement such a rule without any external pressure—effectively turning away a portion of their own revenue?
Listen to this news anchor—claiming that bank loans, overdrafts, and installment plans don't exist just so banks can turn a profit, but rather so they can "generously enrich" people's lives🙄 if they’re such philanthropists, then what's the point of those usurious interest rates? ☕
Regarding my own personal account, I was a client about a year ago, after which she reached out to me in August to notify me that I hadn't signed a certain survey, I simply informed her that it wasn't my responsibility to sign whatever she required—rather, my duty is merely to provide the information mandated by law (which I did)—and noted that my details remain unchanged from when I originally opened my accounts at Chase...
Well, honestly—I went ahead and filled out that survey for my business account because I didn't want any unnecessary headaches... but as for my personal account? I couldn't care less about that bit. If they decide to freeze my funds, I’ll just head down to the local branch and withdraw everything in cash... besides, the account is working perfectly fine, just as it always has.
Lately, there has been an influx of posts featuring images that seem to bleed right off the edge of the screen—it’s a bit distracting, to be honest. I was wondering if it might be possible to adjust the settings so that any image exceeding the standard screen width simply cannot be posted... I mean, perhaps we could implement a rule where a post is blocked if the image is too large, or alternatively, have the system automatically convert oversized images into simple links rather than displaying the full file...
If anyone is being insulted here, it’s actually the person telling everyone else to just stay cooped up in their rooms instead of stepping outside to actually get things done☕
I just received a notice from JPMorgan Chase regarding my business account—they want me to come in and complete some kind of survey questionnaire by September 15th otherwise, they’ll shut down the account entirely 🙂 I suspect this might be a serious matter... unless I am mistaken? 🤷 In any case, I plan to mail them everything they already have on file—let them shove it where the sun doesn't shine
Question: Can I interpret this to mean that since the law is now in effect for both me and every government agency in the country, there’s no need for my physical presence—they could simply send an inquiry to the Petrinja police department and the IRS to get all the information they require?
Larry Walker24 said:The bottom line is we’re nowhere near catching up to the rest of the West, yet we’re acting like we've already arrived.
I would argue the situation is actually quite the reverse. By joining NATO, we essentially handed over our sovereignty—allowing the US to dictate terms and engage in exactly this kind of behavior... for instance, having banks demand people show up at branches just to sign paperwork proving they aren't US citizens and if you refuse, you find yourself facing the IRS and their relentless pursuit of unpaid taxes...🙂
Honestly, they keep calling me 🙂—and once I tell them that’s not how things work, they just pivot to my business account the very next day. At this rate, I expect that instead of my local teller, the branch manager will be calling me tomorrow to recite some long-winded lecture... and they’ve already started with those hollow threats about closing my accounts entirely 🙂