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Taxation & Estate Planning

: TaxProf Blog

"Rangel Rule" Would Exempt All Taxpayers From IRS Penalties and Interest

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Congressman John Carter (R-TX) yesterday introduced H.R. 735, The Rangel Rule Act of 2009, which would add new Code § 7529 to prohibit the IRS from charging penalties and interest on back taxes. From the press release: Under the proposed...

Full post as published by TaxProf Blog on January 29, 2009 (boomark / email).

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