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Treasury and IRS issue proposed regulations identifying certain monetized installment sales as listed transactions

August 3, 2023
The Department of the Treasury and the Internal Revenue Service today issued proposed regulations identifying certain monetized installment sale transactions and substantially similar transactions as listed transactions – abusive tax transactions that must be reported to the IRS.
Read the full article from IRS here: https://www.irs.gov/…/treasury-and-irs-issue-proposed…
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#accounting #business #accountant #finance #tax #bookkeeping #smallbusiness #taxes #payroll #cpa #taxseason #businessowner #incometax #accountants #audit #bookkeeper #taxreturn #taxpreparer
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