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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· 5 hours agoPresident Biden insists that the United States stands unequivocally with Ukraine. “Yes, again and...
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...
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...
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 ...
The Treasury Department and IRS announce new plan to close tax loophole
Marketplace· 14 hours agoThe Treasury Department and the IRS announced a new initiative this week to close a tax loophole...