If You Act Before Year-End, IRS Respects Do-Overs Unwinding

If You Act Before Year-End, IRS Respects Do-Overs Unwinding Taxes

Going back to square one sounds simple, but the tax system is rigid. Even so, the IRS accepts unwound transactions if everything occurs in the same tax year.

Related Keywords

, Revenue Ruling , Letter Ruling , Irs , Do Over , Rescission , Taxable , Irs Penalties , Irs Audit , Tax Evasion , Tax Opinion , Ccpa ,

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