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Government

American Families Plan IRS Reporting Proposal

As part of the American Families Plan, Congress is considering requiring financial institutions to report detailed information on certain customer accounts to the IRS. At this time, this is just a proposal that has not yet been fully defined and is not included in current legislation. Local financial institutions are monitoring the proposal.

Northrim June 23 letter to the Alaska Legislature

The letter published to the Governor and the Alaska Legislature by Northrim Bank on June 23, 2021 contains the following points:

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