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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· 21 hours agoWASHINGTON (AP) — The IRS plans to end a major tax loophole for wealthy taxpayers that could raise...
Closing asset loophole could add billions to tax collections, IRS says - The Boston Globe
The Boston Globe· 20 hours agoRobert Kovacev, a lawyer at Miller & Chevalier who represents partnerships being audited by the IRS,...
IRS announces ‘major’ new tax rule taking an extra $50 billion from Americans
BizPac Review· 4 hours agoDescribing how “wealthy individuals, complex partnerships, and large corporations” had been using the tax code to their advantage, the department wrote, “A single
Planned IRS Rules on Partnership Maneuver Exposed to Challenges
Bloomberg Law· 8 hours agoThe latest IRS effort to curb a tax avoidance maneuver used by large partnerships could invite an onslaught of litigation challenging the agency’s authority. The agency announced ...