A pair of humble Maryland dairy farmers are taking on the IRS, and now some members of Congress have joined the fight.
Members of the House Ways and Means Oversight Subcommittee sent a letter Wednesday to Treasury Secretary Jacob Lew calling on the IRS to give back money the agency wrongly seized from two Maryland dairy farmers.
The IRS forfeited, or took ownership of, Randy and Karen Sowers’ $29,500 based on highly criticized structuring laws. These laws make it a crime to make multiple cash deposits just under $10,000.
The laws were originally intended to catch money launderers making small deposits to avoid government detection but have since been abused.
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