BOI reporting 'delayed' ?

4 replies
26 views

House votes to kick some reporting down the road a bit; Senate still to vote:

https://www.currentfederaltaxdevelopments.com/blog/2023/12/16/house-passes-a-bill-to-extend-some-initial-boi-reports-before-going-on-recess.

Lacerte Tax

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Taxes-by-Rocky

Level 7

If I had to guess, they're still trying to figure out how to get it moved from Title 31 to Title 26 so the IRS can administer it but yet still allow 'law enforcement' to get at it freely.

Just my two cents.

T

TaxGuyBill

I'm fascinated that that House voted for it 420 votes to 1.

It's rare that so many agree about ANYTHING in Congress.
Who voted against it, and why?

Edit: I just looked up the "who" voted against it - Thomas Massie of Kentucky, but I'm curious on the "why" when it seems that everybody else was fine with it.

IRonMaN

Level 15

Massie is one of those politicians living in his own universe so I'm guessing the reason he voted no was because everybody else voted yes.

Slava Ukraini!

PATAX

Level 12

Looks like the old fat guy with the white beard came early this year.🎅

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