Newsday quoted Tax Leader Joseph Perry in article about Democrats’ proposal to capture lost revenue by hiring more IRS auditors and requiring banks to report customer account cash flows.
Newsday
By Tom Brune
Excerpt:
It would have a big impact on Long Island, said CPA Joe Perry of accounting firm Marcum LLP, because it’s home to many businesses that operate as sole proprietorships, partnerships and limited liability corporations, as well as wealthy individuals, whose accounts would be targeted.