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IRS: Dirty Dozen - High-Income Filers Vulnerable to Illegal Tax Schemes
April 11, 2024
WASHINGTON, April 11 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following news release:

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Face Risk From Improper Art Donation Deductions, Charitable Remainder Annuity Trusts, Monetized Installment Sales

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As part of the Dirty Dozen campaign, the Internal Revenue Service warned wealthy individuals about three tax traps designed for them by dishonest promoters and shady tax practitioners.

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