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IRS to end another major tax loophole for wealthy, hopes to raise $50 billion in the process
Portland Press Herald· 3 days agoDeputy Treasury Secretary Wally Adeyemo, seen in 2023, says closing a tax-basis loophole used by...
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 IRS is cracking down on a tax loophole for the rich. The effort could raise $50 billion.
CBS News· 3 days agoThe IRS could raise more than $50 billion in revenue over the next decade by ending a major tax...
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process...
ABC 7 El Paso· 3 days agoNew guidance and a ruling being announced Monday includes plans to stop “partnership basis shifting” — a process by which a business or person can enter into a series of transactions to avoid ...
IRS unveils plan to end this major tax loophole used by the wealthy
NBC Washington· 3 days agoBiden administration officials said after evaluating the practice that there are no economic grounds...