Halloween for the Wealthiest 1%: Watch out for the Global High-Wealth Industry Group

The Global High-Wealth Industry group (often referred to as the IRS’s ‘wealth squad’) is definitely one to fear this Halloween. The group includes specialized examiners whose role exists solely to conduct compliance reviews on the wealthiest 1% of taxpayers. With experts in flow-through entities such as trusts, partnerships and LLCs, international examiners, economists, appraisal experts and technical adviser the group are designed to uncover any overly ‘aggressive tax strategies.’

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alistair bambridgeComment