Supreme Court Rules IRS Can Secretly Grab Bank Records of Outside Parties

Supreme Court Rules IRS Can Secretly Grab Bank Records of Outside Parties
The IRS building in Washington on Sept. 28, 2020. Erin Scott/Reuters
Matthew Vadum
Updated:
0:00

The Supreme Court has ruled unanimously in a delinquent taxpayer case that it’s lawful for the IRS to secretly obtain the bank records of third parties when collecting on taxes owed.

In other words, the nation’s highest court recognized that the IRS isn’t required to notify third parties who aren’t under investigation when seeking a summons for banking records thought to be relevant to the tax delinquency of another person.