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Manatt, Phelps & Phillips, LLP

IRS Will Adopt “Common Sense” Approach To Structured Activity In Bank Accounts

Manatt, Phelps & Phillips, LLP on

Why it matters - In response to recent criticism, the Commissioner of the Internal Revenue Service (IRS) John A. Koskinen announced that the agency will adopt a “common sense” approach in how it handles funds that have...more

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