New Supreme Court ruling allows the IRS to secretly access
your bank records
“It is now completely legal for the IRS to secretly obtain
the bank records of third parties who are not under federal investigation,”
@RomanBalmakov reported.
"If the IRS is trying to collect your friend's back
taxes, well, they might as well get your bank records."
Here is the direct text of the judgment:
“The Supreme Court has unanimously ruled... that it is legal
for the IRS to secretly obtain third-party bank records when collecting taxes
owed. In other words, the nation's highest court recognized that the IRS is not
required to notify third parties who are not under investigation when they seek
a subpoena for bank records believed to be relevant to another person's tax
delinquency."
You probably know someone under investigation by the IRS,
which means that, in practice, almost everyone reading this post could be
subject to this type of government intrusion.