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The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
WPRI Providence· 1 day agoWASHINGTON (AP) — The IRS plans to end a major tax loophole for wealthy taxpayers that could raise...
The IRS is targeting tax cheats who play ‘shell games.’ Uncle Sam could net $50 billion.
Market Watch· 2 days agoBy blocking the move and telling taxpayers who use it that they are on notice, the government can...
Opinion | A wary White House views Russia oil sanctions through lens of inflation
Washington Post· 7 hours agoPresident Biden insists that the United States stands unequivocally with Ukraine. “Yes, again and...
Biden officials say Americans have scored $1 billion in EV tax credits this year
Market Watch· 7 days agoDeputy Treasury Secretary Wally Adeyemo told reporters the $1 billion figure represents a “major...
IRS plans to raise $50 billion over 10 years, closing loophole exploited by the wealthy
NBC NEWS· 2 days agoThe loophole allows such taxpayers, as well as businesses, to move assets between entities in a way...
Gateway - Quartz
Quartz· 1 day agoAccording to a letter sent by Deputy Treasury Secretary Wally Adeyemo to several banking groups, seen by Quartz, Project Fortress will include a mix of ...
More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
CNBC· 7 days agoThe federal government has issued more than $1 billion in tax credits as an upfront cash incentive...
The Treasury Department and IRS announce new plan to close tax loophole
Marketplace· 16 hours agoThe Treasury Department and the IRS announced a new initiative this week to close a tax loophole...