I agree, just want to pay some bills. I think they may be outside their legal right to ask for it. But they're covering themselves. Interesting that IRS settled for 20K or more transactions or more. Maybe it's a can of worms for the IRS, but really all they have to do is send out a blanket letter and flag your ass; you'll be doing the rest of the homework to prove otherwise.
I agree, just want to pay some bills. I think they may be outside their legal right to ask for it. But they're covering themselves. Interesting that IRS settled for 20K or more transactions or more. Maybe it's a can of worms for the IRS, but really all they have to do is send out a blanket letter and flag your ass; you'll be doing the rest of the homework to prove otherwise.