On August 6, Democrats Abroad met with Treasury officials to provide constructive feedback for the Executive Order, ‘‘Modernizing Payments To and From America’s Bank Account’’. This was a follow-up conversation after submitting our formal comment last month.
Click here to download Democrats Abroad's slides presented to Treasury officials at the meeting.
Highlights from the discussion include Treasury officials confirming:
- They heard similar concerns expressed by individuals during the comment period that Americans abroad need the ability to make and receive payments from the IRS via international transfer if paper checks are being removed.
- Although no IRS officials were on the call, the Treasury officials in charge of implementing the new policy would pass on our comments to the IRS.
- Treasury officials recommending following this website https://tfx.treasury.gov/eo-resources for updates on implementation of the Executive Order.