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IRS Launches New Website Resource on Abusive Tax Transactions

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Under the Retirement Plans section of the IRS homepage, users will now find a link to a webpage on Employee Plan (EP) Abusive Tax Transactions, which states:

  • “The IRS is engaged in extensive efforts to curb abusive tax shelter schemes and transactions. The Tax Exempt and Governmental Entities Division of the IRS, including the office of Employee Plans, participates in this IRS-wide effort by devoting substantial resources to the identification, analysis, and examination of abusive tax shelter schemes and promotions.”
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