The National Taxpayer Advocate expressed hope that better days were ahead for the tax collection agency.
Category: High Net Worth Individuals
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A ‘Bargain’ on Billionaires’ Row Still Clocks in at $50 Million
In a seasonal slowdown in top sales in Manhattan in December, there were still lofty prices, but many fell below what the sellers were asking.
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Trump’s Tax Audit Shows Depths of IRS Funding Woes
The agency lacks the resources to go after rich taxpayers. For years, a single revenue agent was responsible for the audits of Donald J. Trump.
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‘Major Trustee, Please Prioritize’: How NYU’s E.R. Favors the Rich
Dozens of doctors said the nonprofit hospital pressured them to give preferential treatment to donors, trustees and their families.
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Sam Bankman-Fried and Schlubby Style
Sam Bankman-Fried’s choices may signal an end to the schlubby mystique.
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Epstein Estate Agrees to Pay U.S. Virgin Islands More Than $105 Million
The estate of the disgraced financier Jeffrey Epstein will repay tax benefits and half the proceeds from the sale of an island he owned.
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Manchester United Owners Consider Sale of Storied Club
The Glazer family has hired advisers to weigh its options for the multibillion-dollar soccer club, which it has owned since 2005.
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Jean Arnault Debuts New Louis Vuitton Watch Prize
Jean Arnault, the 24-year-old son of the luxury goods titan Bernard Arnault, is introducing a new watchmaking prize from Louis Vuitton.