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The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
Stars and Stripes· 3 days agoBiden administration officials said after evaluating the practice that there are no economic grounds for these transactions, with Deputy Treasury Secretary Wally ...
The IRS is targeting tax cheats who play ‘shell games.’ Uncle Sam could net $50 billion.
Market Watch· 3 days agoBy blocking the move and telling taxpayers who use it that they are on notice, the government can...
IRS plans to raise $50 billion over 10 years, closing loophole exploited by the wealthy
NBC NEWS· 3 days agoThe loophole allows such taxpayers, as well as businesses, to move assets between entities in a way...
The Treasury Department and IRS announce new plan to close tax loophole
Marketplace· 2 days agoThe Treasury Department and the IRS announced a new initiative this week to close a tax loophole...
Closing asset loophole could add billions to tax collections, IRS says
Washington Post· 3 days agoThe Biden administration plans to stop businesses and wealthy individuals from manipulating the...
Treasury, IRS To 'Close Major Tax Loophole' To Bring $50 Billion In Government Coffers
International Business Times· 3 days agoThe U.S. Treasury Department and the IRS are working together to "close a major tax loophole" often...