18 septembrie 2019

Bill to return $26B in unredeemed bonds advances


The Senate Appropriations Subcommittee on Financial Services on Tuesday advanced a bill that would require the IRS to return $26 billion to Americans who never cashed in their matured bonds. Subcommittee Chairman Sen. John Kennedy John Neely Kennedy MORE (R-La.) said the IRS was diligent about collecting taxes, but made no effort to return unredeemed bonds, which people can lose or forget about after they mature. ADVERTISEMENT “If we don’t pay our taxes in the right amount and on time, they [...]