The IRS and Treasury Department on Monday unveiled a plan to end a major tax loophole used by wealthy taxpayers, a move that could generate as much as $50 billion in revenue over the next decade.

No one wants to be audited by the IRS. And, in fact, very few US taxpayers ... a low of 0.7% for tax year 2021 to a high of 1.5% in 2013. On April 15, in a post on X, Treasury Secretary Scott ...