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Trump's IRS Settlement May Have Opened A Tax Enforcement Escape Hatch

A fight over one IRS settlement is turning into a bigger question about who still has audit risk.

The messy part is one word. Affiliated. If that word reaches too far, tax enforcement stops being a clean compliance question and starts looking like a related-party maze.

Three senators are now pressing Trump-linked companies to say whether they believe they are protected by a federal settlement tied to past IRS action.

For CPAs, the political noise is not the useful part. The useful part is the tax risk question sitting underneath it.

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