American elites push back when their tax shelters and uninsured deposits (see Silicon Valley Bank collapse) are at risk. That's their line in the sand.
We need a TRC from the IRS to accept funds from some customers… we applied for that in January for 2025 - the 6/8 week estimate is now doubled.. the phone number that used to dump you into a queue to be answered in an hour is disconnected now. The IRS is not going to be chasing down non-compliant companies in the near future.