From the Tax Law Offices of David W. Klasing – Federal Government Closing in on Your Foreign Financial Accounts & Cryptocurrency via The Anti-Money Laundering Act & The Bank Secrecy Act

IRVINE, Calif., April 18, 2023 /PRNewswire/ — The U.S. legislature recently enacted the National Defense Authorization Act (NDAA). Within the NDAA are a series of regulations referred to as the Anti-Money Laundering Act (AML). The new rules set forth by the AML establish the most…

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