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Senators Introduce Bipartisan Legislation Limiting IRS’s Civil Asset Forfeiture Authority

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CCH Tax Day Report Bipartisan legislation has been introduced in the Senate to require the IRS to show probable cause that funds relating to structuring transactions under the Bank Secrecy Act (BSA) originated from an illegal source or criminal activity before seizing taxpayers’ assets. Introduction of the Restraining Excessive Seizure of Property through Exploitation of […]

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