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Amid Invasion of Ukraine, I.R.S. Aims to Police Oligarch Sanctions

A global game of sanctions cat-and-mouse is now underway. This week, the Financial Crimes Enforcement Network, a Treasury Department bureau, issued a new alert to financial institutions urging them to […]




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Amid Russia Invasion, I.R.S. Aims to Police Oligarch Sanctions

WASHINGTON — The Internal Revenue Service is pressing Congress to devote more resources to the agency as it takes an increasingly central role in the Biden administration’s efforts to prevent […]




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How Private Equity Firms Avoid Taxes

There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code.Overseen by a senior […]




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I.R.S. Pushes Back Start of 2020 Tax Filing Season

“This would be the same experience for taxpayers if the filing season opened in late January,” the agency said. By law, the agency cannot issue refunds to people claiming the […]