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the governments trying to figure ways to generate more tax revenue and they think that the wealthy are hiding their money and not paying their fair share in taxes now you might have already seen that there theres a proposal to look at all bank accounts that have transactions of hundred dollars or more and that actually is going the new proposal is going up to ten thousand but i dont think a whole lots gonna change and if youre a small business owner you really wanna know whats going on with this reporting now theres not a whole lot you can do but you still want to understand what exactly this really means so i was looking through some articles today and i went to the treasurys website and looked at their fact sheet which ill bring up on the screen and im just going to go over some of the highlights of this change in a proposal none of this is law yet now this has actually happened but its really important that youre paying attention to it so you understand whats going on