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| FREE NEWS ALERTS A free, comprehensive news service to keep small businesses and independent contractors posted on the latest tax developments affecting their operations.
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May 2, 2008 Offshore Investment Doesn’t Escape Tax on Business SaleRegan and Susan Reedy have fought the IRS since 2000 over taxes imposed due to the closure of their small business. The U.S. Tax Court recently ruled in favor of the IRS and assessed an additional $15,000 penalty due to the Reedys’ lack of cooperation... Subscribers have free access to the archives. Click here. |
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