Perhaps the only sure things in life really are death and taxes, but taxes and the federal agency that collects them should not be the untimely death of small businesses.
Earlier this month, President Trump signed the Taxpayer First Act that Congress passed unanimously to reform civil asset forfeiture rules that allow the IRS to confiscate private property and assets without filing criminal charges against would-be defendants. The new law’s structural reforms are long overdue, but they take a solid first step toward improving things at the IRS.
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