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IRS Investment

Treasury Encourages More IRS Investment

The Treasury Department recently released a statement discussing investment in the IRS and improving tax compliance. While roughly 99 percent of the taxes due on wages are remitted to the IRS, compliance on other forms of income is substantially less, because the IRS has had difficulty verifying whether income from unverified sources is properly reported. …

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Attract Property Buyers by Offering Installment Sales

Because of this year’s pandemic-related economic slowdown, many businesses and individuals are looking for liquidity. Some have decided to raise cash by selling off real property such as land or a building. Finding a buyer may be easier with an installment sale. An installment sale occurs when you transfer property in exchange for a promissory …

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