IRS crackdown on tax shelters nets over 3.2 billion
The IRS reports more than 3.2 billion collected in the Son of Boss settlement, targeting wealthy participants from the 1990s tax shelter era. About 1,165 joined, with 400 opting out and 200 ineligible. total projected receipts may reach 3.5 billion as authorities pursue offshore card abuses and punitive penalties.
MENTIONED IN THIS ARTICLE
IRS
Washington
Ers
Mark Everson
Everson
DeLay shifts to offense in ethics probe defense
House Majority Leader Tom DeLay defends himself against ethics investigation claims while pursuing an aggressive strategy. He 布 remade ethics rules, replaced committee members, and blames Democrats, insisting no House rules were broken even as he faces scrutiny over trips funded by groups such as the Korea United States Exchange Council.
MENTIONED IN THIS ARTICLE
Washington
House
Tom DeLay
Texas
DeLay
Charles Tiefer
University of Baltimore
Newt Gingrich
Jim Wright
Tiefer
Texas Republican
Christine
Houston
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