Can IRS seize your brokerage account?
I'm worried about my financial assets. I've heard rumors that the IRS has the power to seize brokerage accounts. Is this true? Can the IRS really take control of my brokerage account if they deem it necessary?
Does Interactive Brokers report to IRS?
The user wants to know whether Interactive Brokers, a global brokerage firm, reports to the IRS. This query likely arises from a need to understand tax reporting obligations related to financial transactions conducted through the broker.
Does eToro report to the IRS?
I am an investor on eToro and I am wondering if they report any of my transactions or earnings to the IRS. I need to know if I have to manually report my investments or if eToro already does that for me.
Do banks notify IRS of large check deposits?
I'm wondering if banks are required to inform the IRS when someone makes a large deposit by check. I'm concerned about privacy and potential tax implications of such notifications.
Does Tether report to IRS?
I am wondering if Tether, the cryptocurrency company, reports to the IRS. I need to know this for my tax reporting purposes as I have transactions involving Tether.